KCB Group Records KShs. 16.5B Profit in Q1 2025
May 22, 2025
KCB has reported a solid start to 2025, posting a KShs. 16.53 billion profit after tax for the first quarter ending March 31. This is a marginal uptick from last year’s KShs. 16.48 billion. The…
KCB Acquires 75% Stake in FinTech Firm Riverbank Solutions
March 25, 2025
KCB has announced the acquisition of 75% stake in Riverbank Solutions, a Nairobi-based FinTech company. This will help the bank strengthen its regional distribution network. The deal amount has not been revealed and the transaction…
KCB Group’s Profit Surge by 64.9% in 2024 to KSh 61.8 Billion
March 13, 2025
KCB Group profit after tax for the full year 2024 grew by 64.9% to KShs. 61.8 billion, accelerated by strong topline expansion across all businesses. This was a rise from KShs. 37.5 billion reported a…
KCB Secures $100M from British International Investment
February 24, 2025
British International Investment (BII), the UK’s development finance institution and impact investor, has announced the provision of a $100 million Tier 2 capital facility to KCB Bank Kenya to increase its lending capacity to climate-related projects and…
KCB and Mastercard Launch Kenya’s First Multi-Currency Prepaid Card
January 24, 2025
KCB Bank has partnered with Mastercard to launch Kenya’s first multi-currency prepaid card that supports 11 hard currencies. This card is designed to simplify international transactions for customers by enabling seamless spending across various destinations. …
KCB Partners with UnionPay to Drive Growth in Kenya’s Digital Payment Ecosystem
January 17, 2025
KCB Bank and UnionPay International (UPI) have partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact seamlessly on digital platforms. This collaboration marks a significant advancement in digital payment capabilities, aimed at…
EIB and KCB Partner in Ksh 32 Billion Initiative to Support SMEs, Women, and Youth in Kenya
October 18, 2024
The European Investment Bank (EIB Global) and KCB Bank Kenya have today announced a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), youth and women in Kenya. €115 million will…
Airtel Money and KCB Bank Partner to Enable Payments Through Lipa Na KCB
September 26, 2024
Airtel Money and KCB Bank have announced a new interoperability partnership that will make it easier for Airtel Money to make payments directly to any KCB Merchant through Lipa Na KCB. KCB Bank Kenya Managing…
KCB Group Joins Pan-African Payment System for Cross-Border Transactions in Africa
June 23, 2023
KCB Group has signed a deal with the Pan-African Payment and Settlement System (PAPSS) that is set to improve cross-border transactions across Africa. The deal was signed during the Afrexim Bank Annual Meeting in Ghana….