×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Read on the App

KCB reaps big from relying on agents and mobile while cutting staff numbers

Kenya Commercial Bank has posted a 19.6 per cent increase in net profits following reduced staff costs and effective management of defaulters.

Group profit for the nine months to September was Sh18 billion, up from Sh15 billion in a similar period last year.

Full Access for less than Ksh 34 a day
Ksh 999 billed monthly. No hidden charges.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in