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NCBA to pay record Sh7.8bn dividend after profit surge
From Left to Right: NCBA Bank Group Director, Finance David Abwoga, Director of Strategy and Chief of Staff Louisa Wandabwa, Group Managing Director and CEO John Gachora and Ag Group Director, Global Markets Raphael Agung' during the NCBA full year 2023 Financial results at Radisson Blu Hotel, Nairobi Upper Hill on March 27, 2024. PHOTO | DENNIS ONSONGO | NMG
NCBA Group is set to pay a record Sh7.8 billion dividend following a 56.2 percent jump in net profits for the year ended December 2023.
The higher dividend represents a payout of Sh4.75 a share after the lender added a Sh3 final pay to the interim Sh1.75 declared in September last year.
