National Bank of Kenya (NBK) has reported a strong financial performance for the six months ended June 30, 2026.
The bank’s Profit After Tax rose by 61% to KSh 1.72 billion from KSh 1.07 billion recorded during the same period in 2025.
NBK says this growth is as a result of high net interest income, a sharp reduction in credit impairment charges and continued cost management as the bank advances its transformation strategy.
Loans and deposits drive balance sheet growth
NBK’s net interest income rose by 11% to KSh 5.40 billion from KSh 4.87 billion recorded in H1 2025. Non-interest income remained resilient at KSh 1.47 billion.
Loan loss provisions fell to KSh 80.9 million from KSh 1 billion a year earlier. The bank attributed the improvement to higher recoveries and improved credit quality.
Total assets grew to KSh 157 billion, up from KSh 141 billion in December 2025. Customer deposits also increased to KSh 116.3 billion from KSh 106.1 billion. During the same period, net loans and advances rose to KSh 61 billion, compared with KSh 51 billion at the end of 2025.
“The bank has started 2026 on a strong footing, with our first-half performance reflecting the resilience of the business, growing customer confidence and the positive impact of the strategic initiatives we have implemented across the bank,” said John Ojalla, Acting Managing Director of NBK.
The bank said it will continue investing in digital capabilities, customer experience and operational efficiency while maintaining a focus on risk management.
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