The bank, which also operates in neighboring markets Tanzania, Uganda, Rwanda, Burundi and South Sudan, said its income from transactions surged 39.8%, driven by trade finance and other commissions.
(Reporting by Duncan Miriri)
End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
31.75 KES | +2.92% | -6.75% | +44.98% |
05-23 | KCB Group PLC Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
05-22 | Kenya's KCB Group first quarter pretax profit up 53% | RE |
NAIROBI (Reuters) - Kenyan lender KCB Group posted a 19.5% rise in its profit after tax for last year, it said on Wednesday, driven by a similar increase in its total revenue.
The bank, which also operates in neighboring markets Tanzania, Uganda, Rwanda, Burundi and South Sudan, said its income from transactions surged 39.8%, driven by trade finance and other commissions.
(Reporting by Duncan Miriri)
1st Jan change | Capi. | |
---|---|---|
+44.98% | 774M | |
+12.29% | 201B | |
+1.06% | 72.27B | |
+9.76% | 57.46B | |
+6.91% | 49.55B | |
+35.05% | 44.5B | |
+1.00% | 42.54B | |
-11.98% | 36.74B | |
+4.81% | 33.72B | |
-96.60% | 32.24B |