Audited Financial Results of the Bank and Group for the year ended 31st December 2020

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NCBA Group PLC reports a profit of KES 4.98 Billion in 2020

NCBA Group PLC has posted a profit before tax of KES 4.98 billion for the financial year ending December 31, 2020. This is the first time NCBA is announcing full-year results as an entity following the successful merger of NIC Group PLC and CBA in October 2019. The Group maintained strong operational performance, reporting an operating income growth of 38% to KES 46.4 billion. Operating profit (before provisions and exceptional items) increased by 37% to KES 26.8 billion.

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