KCB FY 2023 Performance

2024-04-09

In this episode recorded on 26.03.2024, we host Lawrence Kimathi, Group Director Finance - KCB, as we break down the bank’s 2023 financial performance.We also cover NBK’s sale, subsidiary performance, dividends, the G2G oil deal, and the bank’s 2024 outlook.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:03:00 Local vs Multinational Banks00:04:00 FY23 Results Overview00:07:54 Customer Deposits, Gross Loans, and NPLs00:18:35 NBK00:23:10 Interest Income vs Interest Expen...

In this episode recorded on 26.03.2024, we host Lawrence Kimathi, Group Director Finance - KCB, as we break down the bank’s 2023 financial performance.

We also cover NBK’s sale, subsidiary performance, dividends, the G2G oil deal, and the bank’s 2024 outlook.

Subscribe to get notified when we make a new post.

Show Notes

00:00:00 Introduction

00:03:00 Local vs Multinational Banks

00:04:00 FY23 Results Overview

00:07:54 Customer Deposits, Gross Loans, and NPLs

00:18:35 NBK

00:23:10 Interest Income vs Interest Expense

00:26:18 Cost to Income Ratio and Subsidiary Performance

00:33:56 Capex and Dividends

00:36:27 The G2G Oil Deal