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United States

KCB Group Plc (KCB.NR)

KCB.NR on Nairobi Stock Exchange

39.00KES
16 Jul 2019
Change (% chg)

Kshs.-0.30 (-0.76%)
Prev Close
Kshs.39.30
Open
Kshs.39.45
Day's High
Kshs.39.50
Day's Low
Kshs.38.80
Volume
8,035,000
Avg. Vol
1,726,118
52-wk High
Kshs.52.00
52-wk Low
Kshs.35.50

Latest Key Developments (Source: Significant Developments)

KCB Group Appoints Andrew Kairu As Chairman
Friday, 26 Oct 2018 02:59am EDT 

Oct 26 (Reuters) - KCB Group Plc ::SAYS APPOINTS ANDREW KAIRU AS CHAIRMAN OF BOARD EFFECTIVE OCT. 24.  Full Article

KCB Group Says Q1 Pretax Profit Up 14 Pct To 5.1 Bln Shillings
Wednesday, 16 May 2018 09:22am EDT 

May 16 (Reuters) - KCB Group Plc ::Q1 PROFIT BEFORE TAX UP 14% TO 5.1 BILLION SHILLINGS.Q1 NET INTEREST INCOME UP 10 PERCENT TO 11.4 BILLION SHILLINGS.Q1 PROVISIONS FOR BAD DEBTS DOWN 37% TO 600 MILLION SHILLINGS.Q1 CUSTOMER DEPOSITS UP 9% TO 496 BILLION SHILLINGS.Q1 NET LOANS AND ADVANCES UP 6% TO 418.6 BILLION SHILLINGS.OUTLOOK FOR YEAR IS FAVORABLE WITH EXPECTED IMPROVEMENT IN ECONOMIC CONDITIONS LEADING TO A PICKUP IN INVESTMENTS ACROSS THE EAST AFRICAN REGION.FORESEES A STRONG GROWTH FOR THE YEAR 2018.Q1 TOTAL ASSETS UP 7% TO 647.4 BILLION SHILLINGS.  Full Article

African Development Bank, KCB Bank Sign $100 Mln Line Of Credit Agreement
Thursday, 19 Apr 2018 07:30am EDT 

April 19 (Reuters) - African Development Bank [RIC:RIC:AFDB.UL]::AFRICAN DEVELOPMENT BANK AND KCB BANK KENYA LIMITED HAVE SIGNED A USD 100 MILLION LINE OF CREDIT AGREEMENT.AFRICAN DEVELOPMENT BANK - $100 MILLION LINE OF CREDIT AGREEMENT TO BE USED FOR LENDING TO CORPORATE BUSINESSES, SMALL AND MEDIUM ENTERPRISES.  Full Article

KCB Group says Q3 pre-tax profit up 3.1 pct to 22.4 bln shillings‍​
Wednesday, 8 Nov 2017 07:48am EST 

Nov 8 (Reuters) - KCB Group Plc :Q3 PRE-TAX PROFIT UP BY 3.1 PERCENT TO 22.4 BILLION SHILLINGS‍​.Q3 TOTAL NON-INTEREST INCOME UP 18.4 PERCENT TO 17.5 BILLION SHILLINGS.Q3 TOTAL INTEREST INCOME DOWN 3.6 PERCENT TO 46.8 BILLION SHILLINGS.Q3 TOTAL OPERATING INCOME GREW BY 4.6 PERCENT AT 53.2 BILLION SHILLINGS.Q3 NET NON-PERFORMING LOANS AND ADVANCES DOWN 14.7 PERCENT TO 11.1 BILLION SHILLINGS.Q3 CUSTOMER DEPOSITS INCREASED 15.6 PERCENT TO 496.3 BILLION SHILLINGS."EXPECTS ALTERNATIVE REVENUE CHANNELS TO BE THE GROWTH DRIVER IN THE NEXT FEW YEARS".LIQUIDITY POSITION STOOD AT 37.7 PERCENT IN Q3 2017.BY 2020, IT IS EXPECTATION THAT THROUGH FINTECH CONTRIBUTION OF NON-INTEREST INCOME WILL GROW TOWARDS 40 PERCENT OF GROUP'S OPERATING INCOME.  Full Article