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.
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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
00:38:59 Outlook for 2024
KCB FY 2023 Performance