KCB profit jumps to Sh30.6 billion in nine months

KCB Bank's Kipande House branch along Kenyatta Avenue, Nairobi. [Elvis Ogina, Standard]

KCB Bank's net profit rose 21.4 per cent to Sh30.6 billion in the first nine months of this year on the back of sustained growth from net interest and non-funded income.

This was a jump from Sh25.2 billion reported for the same period last year, with the listed lender continuing its recovery from the negative effects of the Covid-19 pandemic.