Shareholders of KCB Group are set to receive a KES13 billion in dividend payout on earnings for the six-month period ended June 30, 2025.

This follows the lender's announcement of a KES2 per share interim pay coupled with a KES2 share special dividend attributable to the sale of National Bank of Kenya (NBK) to Nigeria's Access Bank.

In an announcement on Wednesday, the Group said shareholders will get a payout of KES13 billion, reflecting the largest interim payment and first ever special dividend in the regional lenders' history.

During the six months to June, KCB Group net earnings surged by 8 percent to KES32.3 billion from KES29.9 billion in June 2024 as all business units posted higher earnings, riding on customer-focused initiatives.

“The business across markets remains resilient despite the tough operating environment in key markets like Kenya. Despite this, we have placed our customers at the fore, to ensure we meet their needs in a timely manner” said Paul Russo, the Group Chief Executive Officer during an investor briefing.

Total assets

Total assets closed the half at KES1.97 trillion despite the sale of NBK in the second quarter of the year to Nigeria's Access Bank, a move which saw it gain foothold in the East African market.

During the period, loans and advances increased by 2.8 percent to KES1.18 trillion attributable to new business across regional markets.

However, Non-Performing Loans closed at 18.7 percent of the loan book compared to 9.2 percent in December 2024, while the stock on NPLs stood at KES221.1 billion.

Further customer deposits closed the half at KES1.48 trillion, as deposit mobilization during the period netted off the impact of the sale of NBK and the impact of Uganda transitioning to its own Government to Government oil importation programme. 

Revenue

Revenue increased by 4.3 percent, boosted by higher net interest income that rose to KES69.1 billion on the back of improved yields and loan volumes in the period. 

the Group’s non-funded income stood at KES29.5 billion, despite a notable impact from reduced foreign exchange earnings. The share of non-funded income stood at 29.9 percent of the total revenue.

Disclosures show that the Group's subsidiaries outside KCB Bank Kenya saw profit before tax account for 33.4 percent of the overall Group earnings, and 31.4 percent of the balance sheet. 

Additionally, the contribution of non-banking entities—KCB Investment Bank, KCB Asset Management and KCB Bancassurance Intermediary Limited to the Group's gross earnings was up to 2.1 percent from 1.8 percent during the comparable half last year.

Digital banking

During the period, the Group continued to invest in digital banking channels, which now account for 99 percent of transactions undertaken off-branch.

KCB has rolled out a new unified mobile App available to all our customers in Kenya from August 11, 2025. The new platform introduces breakthrough self-onboarding capabilities, allowing customers to register and begin banking instantly, anytime, anywhere. 

Powered by advanced artificial intelligence, data analytics and a mini-APP ecosystem, the platform is built for scale, agility, and inclusivity. 

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