NCBA Bank’s 3-percent profit growth in Q3 reaches $116.4 million
NCBA Bank reports a 3-percent profit growth for Q3 2024, reaching $116.4 million, driven by strong performance in Kenya and a focus on digital solutions.
NCBA Bank reports a 3-percent profit growth for Q3 2024, reaching $116.4 million, driven by strong performance in Kenya and a focus on digital solutions.
NCBA Group and Sanlam Life Insurance have launched new digital life insurance plans to improve access to affordable funeral and education coverage in Kenya.
The total compensation for 2023 exceeded the previous year’s total reward of Ksh147.73 million ($1 million) by 25.75 percent.
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
NCBA Group is a leading Nairobi-based financial services conglomerate.
Gahora holds a total of 381,755 ordinary shares in the Kenyan financial services provider.
A strong underlying performance across key segments of its business saw its profit increase by double digits.