NBK emerges from loss streak to book Sh150m 6-month profit

NBK Chief Executive Officer Wilfred Musau.

National Bank of Kenya (NBK) has returned to profitability, reporting a Sh150 million half-year net profit yesterday, on a day different firms posted mixed results for the period.

The lender, which is a target of acquisition by KCB Group, made most of its money from savings on interest expenses, with key revenue streams remaining flat.