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KCB Resumes Dividend Payments as Profits Surge

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Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • KCB declares Ksh1.5 per share interim dividend after suspending payouts in 2023 to bolster capital buffers
  • Group profits soared by 87%, driven by strong interest income and non-funded earnings growth

Nairobi, Kenya – Kenya Commercial Bank (KCB) Group has reinstated dividend payments after pausing them in 2023 to strengthen capital buffers for its primary subsidiary, KCB Kenya, which was nearing the minimum statutory capital ratio.

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