NAIROBI, Kenya, Aug 13 – KCB Group has announced a record Sh13 billion dividend payout after its board recommended an interim dividend of Sh2 per share for 2025, alongside a special dividend of Sh2 per share linked to the sale of National Bank of Kenya (NBK).
The payout comes as the lender posted an 8 percent growth in profit after tax to Sh32.3 billion for the six months to June 2025, up from Sh29.9 billion in a similar period last year.
Subsidiaries outside Kenya, including in Tanzania and Uganda, contributed 33.4 percent of the Group’s overall gross profit.
“The business across markets remains resilient despite the tough operating environment in key markets like Kenya. We have placed our customers at the fore to ensure we meet their needs in a timely manner,” said Group CEO Paul Russo.
KCB’s loan portfolio grew 2.8 percent to Sh1.18 trillion, or 12 percent excluding the NBK sale, driven by new business across subsidiaries. Customer deposits closed the period at Sh1.48 trillion, with growth offset by the NBK divestment and Uganda’s shift to its own government-to-government oil import programme.
Total revenue rose 4.3 percent to Sh69.1 billion, boosted by higher net interest income from improved yields and loan volumes, while the cost of funds remained steady.
