NAIROBI, Kenya, Aug 7 – Consolidated Bank of Kenya has reported a profit of Sh21.6 million for the first half of 2025, reversing a loss of Sh76.8 million posted during the same period last year.
The bank attributes the turnaround to tighter cost controls and stronger earnings, particularly from interest-generating activities.
Its net interest income rose by 21 percent to Sh551 million, while total operating expenses declined by 4 percent to Sh812 million. The improved margins helped push the bank back into profitability after a challenging 2024.
The bank’s asset base grew by 19 percent to reach Sh18.4 billion, supported by an 8 percent increase in customer deposits to Sh12 billion. This boosted its liquidity position to over 30 percent—well above the statutory minimum of 20 percent.
The lender is targeting continued growth in the small and medium-sized enterprise (SME) segment and says it will invest more in digital banking and tailored financial products.
The performance comes after years of restructuring efforts aimed at stabilising the institution and positioning it for long-term growth.
