Investors cheer as NCBA, DTB and Family Bank issue Sh7b dividends

John Gachora, Group Managing Director NCBA during the release of the full year 2023 financials at Radisson Hotel, Nairobi. [Wilberforce Okwiri, Standard]

Tier one lenders NCBA Group, DTB Bank Kenya, and Family Bank grew their annual profits and maintained dividends even as concerns mounted on the outlook of the economy in the remainder of the year.

NCBA's net profit grew by more than half to Sh21.4 billion from Sh13.7 billion the previous year.