NCBA net profit rises 56pc to Sh21 billion

NCBA Group Managing Director and CEO John Gachora during an investor briefing on March 27, 2024. PHOTO | DENNIS ONSONGO | NMG

NCBA Group has posted a 55.7 percent growth in net profit for the year ended December 2023 attributed to revenue growth and a slowdown in costs.

The lender's net profit grew to Sh21.4 billion from Sh13.7 billion the previous year.

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