NCBA Reports Shs 660 Billion Profit, Announces Five-Year Growth Plan
NCBA Group PLC has posted a 7% increase in net profit to KES 23.4 billion (about UGX 660 billion) for the year ended 2025, driven by stronger asset growth, improved margins, and a surge in digital lending. The lender’s results show profit before tax grew 10.9% to KES 27.9 billion
Nedbank Seeks to Acquire 66% Stake in NCBA Group
NCBA Group PLC (NCBA)has announced that it has received a Strategic Investment Proposal and a Notice of Intention (NOI) from Nedbank Group Limited to acquire approximately 66 percent of its ordinary shares through a tender offer to existing shareholders. If completed, the transaction would see Nedbank acquire a controlling stake
