NAIROBI, Kenya, Aug 10 – Consolidated Bank of Kenya’s profit after tax grew by 1,349.5 percent to Sh174.83 million in the half year ended June 30, 2026, boosted by higher net interest and non-interest income.
Net interest income grew by 33.9 percent to Sh738.15 million, while non-interest income increased by 17.6 percent to Sh331.55 million.
In the six months to June, net loans and advances grew by 4.3 percent to Sh8.44 billion, while customer deposits increased by 13 percent to Sh13.57 billion.
Gross non-performing loans, however, increased by 12.5 percent to Sh4.27 billion, while loan loss provisions grew by 23.5 percent to Sh199.85 million.
The financial statements show that the bank’s total assets grew by 14.4 percent to Sh21.05 billion, while total operating income increased by 28.3 percent to Sh1.07 billion.
Consolidated Bank of Kenya is owned by the Kenyan Government, with the State holding a 93.4 percent majority stake through the National Treasury and State agencies such as the Deposit Protection Fund, with the remaining shares distributed among 25 government parastatals.
