KCB Group on Wednesday reported a flat 1.8 per cent growth in first-quarter net profit at KSh 6.37 billion, compared with KSh 6.26 billion in the corresponding quarter last year.
The lender’s Non-interest income declined 20 per cent to KSh6.3 billion from KSh7.8 billion.
“Overall performance was largely impacted by lower non-interest income due to subdued digital lending on reduced disbursements and lower customer transactions,” chief executive Joshua Oigara said in a statement.
