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Radio Generation Kenya
Radio Generation Kenya

Paul Russo

KCB Group boosts green financing to Sh48.8bn, expands climate and sustainability drive
Business

KCB Group boosts green financing to Sh48.8bn, expands climate and sustainability drive

The lender also screened Sh587.9 billion in transactions under its Environmental and Social Due Diligence framework across Kenya, Uganda, Tanzania and Rwanda, helping it surpass its target of allocating 25% of total lending to green projects, reaching 25.84% in 2025, up from 21.6% in 2024.

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KCB profit rises to Sh46 billion despite market challenges
Business

KCB profit rises to Sh46 billion despite market challenges

Non-interest income dropped 10.1 percent to Sh45.09 billion, largely because foreign exchange trading earnings fell 40.1 percent to Sh8.24 billion from Sh13.76 billion. The bank noted that digital channels helped shield non-funded income, which faced pressure from declining fees and commissions in the Democratic Republic of Congo following branch closures.

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