Thursday, March 18, 2021

KCB Group 2020 earnings decline by 22% to Sh19.6B


KCB Group Plc. reported a net profit of Sh19.6 billion for the full year ending December 2020. This was a 22% decline from the Sh 25.2 billion a year earlier as higher provisions for loan losses and subdued economic activity associated with the Covid-19 pandemic hit business performance.

 

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