Growth in the loan book, Increased Mobile channel Activity and Sustained Cost-saving initiatives Drive Performance in a Tough Business Environment.
KCB Group PLC has posted a 5% growth in after-tax profit to KShs. 12.7 billion for the first half of 2019 ending June.
The improvement in earnings from KShs12.1 billion reported the same period last year is attributable to growth in loan book and increased mobile channel activity.
Prudent cost management further supported the performance in a relatively tough business environment, said KCB Group CEO and MD Joshua Oigara while releasing the results.