Financial results: KCB Bank profit up 22pc on reduced costs

Lender made Sh24b last year from 19.7b in 2017 [picture courtesy]

Management targets income growth from mobile loans platform run jointly with Safaricom.

KCB Bank made a Sh24 billion net profit last year, a 21.8 per cent jump from Sh19.7 billion in 2017 on lower costs and sustained incomes.