×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now
The Standard

NCBA Group profit more than doubles to Sh6.5 billion

By Patrick Alushula | 4yrs ago

NCBA Group Managing Director John Gachora [David Njaaga, Standard]

NCBA Group grew its profit for the nine months to September by 2.6 times to race past its 2020 full-year profits on the back of increased income and reduced provisioning for loan defaults.

Get Full Access for Ksh299/Week
Bold Stories Shape Kenya. Support Credible Journalism
  • 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

Related Topics

NCBA NCBA Group
.

Similar Articles

Chinese investors channel billions into Africa's energy and industrial sectors
Chinese investors channel billions into Africa's energy and industrial sectors
Chinese investors are ramping up investments in Africa’s energy, transport and industrial sectors, with a strong focus on renewable power, electric mobility, manufacturing and digital infrastructure.
Business
By Benard Orwongo
51 mins ago
Captain George Kamal takes charge at KQ as Allan Kilavuka disembarks
Captain George Kamal takes charge at KQ as Allan Kilavuka disembarks
Kilavuka will proceed on terminal leave ahead of the expiry of his contractual tenure.
Business
By Mate Tongola
1 hr ago
Behind the receipts: How tax agency is rebuilding trust
Behind the receipts: How tax agency is rebuilding trust
Internal and external audits are being used not merely to ensure compliance, but to promote transparency across operations.
Opinion
By David Kirui
7 hrs ago
Green tech no longer a future ambition but a trade revolution
Green tech no longer a future ambition but a trade revolution
Kenya’s green ambition is clearly articulated in the government’s Energy Transition and Investment Plan, which targets net-zero emissions by 2050.
Opinion
By Joel Karubiu
8 hrs ago
Business leaders push for port expansion to unlock Coastal growth
Business leaders push for port expansion to unlock Coastal growth
Business leaders and government officials have renewed calls for the expansion of the Port of Mombasa, arguing that the facility holds untapped potential to drive Kenya’s economic growth.
Shipping & Logistics
By Patrick Beja
10 hrs ago
Ruto's ambitious Sh5 trillion fund plan gets Cabinet nod
Ruto's ambitious Sh5 trillion fund plan gets Cabinet nod
The decision advances President Ruto’s newly announced strategy to shift Kenya toward an investment-led economic model, reducing reliance on debt and taxes to finance infrastructure.
Business
By Brian Ngugi
10 hrs ago
How to position Kenya as a key multi-experience destination
How to position Kenya as a key multi-experience destination
Kenya has long been celebrated as the home of safari and beaches, from the breathtaking drama of the wildebeest migration in the Maasai Mara to the serenity of our white sandy beaches.
Opinion
By June Chepkemei
10 hrs ago
Kenya's next industrial revolution will be built on scale
Kenya's next industrial revolution will be built on scale
Kenya’s industrial sector is entering a new phase, one defined by consolidation, capital muscle, and the logic of economies of scale.
Opinion
By Kirimi Wanjagi
10 hrs ago
Court reinstates gas firm's permit for Kilifi terminal
Court reinstates gas firm's permit for Kilifi terminal
Lake Gas, a subsidiary of Tanzania’s Lake Group, had appealed the tribunal’s ruling at the Environment and Land Court.
Financial Standard
By Macharia Kamau
12 hrs ago
Match to Singapore or new term? Ruto's shift to big-ticket projects with Sh5tr fund
Match to Singapore or new term? Ruto's shift to big-ticket projects with Sh5tr fund
The Ruto administration launched the Hustler Fund on November 30, 2022, two months after he took the oath of office on September 13. 
Financial Standard
By Macharia Kamau
14 hrs ago
.

Latest Stories

Chinese investors channel billions into Africa's energy and industrial sectors
Chinese investors channel billions into Africa's energy and industrial sectors
Business
By Benard Orwongo
51 mins ago
Captain George Kamal takes charge at KQ as Allan Kilavuka disembarks
Business
By Mate Tongola
1 hr ago
Behind the receipts: How tax agency is rebuilding trust
Opinion
By David Kirui
7 hrs ago
Green tech no longer a future ambition but a trade revolution
Opinion
By Joel Karubiu
8 hrs ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2025. The Standard Group PLC. All rights reserved