NCBA posts 12.2pc rise in first-half profit, raises interim dividend
Tanzania, Aug. 6 -- Dar es Salaam. NCBA Group Plc posted a 12.2 percent increase in net profit for the first half of 2026, supported by higher lending, strong customer deposit growth and increased digital banking activity across its regional markets.
The lender reported a profit after tax of KSh12.4 billion for the six months ended June 2026, up from KSh11 billion recorded during the corresponding period last year, according to a statement shared yesterday.
Operating income rose by 15.1 percent to KSh40.7 billion, while profit before tax increased by 14.3 percent to KSh15.5 billion.
Customer deposits grew by 11 percent to KSh551 billion, with total assets rising by 11.5 percent to KSh739 billion.
The board also declared an interim div...
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