The report highlights NCBA Group's performance in 2023, demonstrating resilience and growth in a challenging business environment. NCBA Group achieved a 56% increase in profit after tax, driven by positive operating income and profitability of its regional subsidiaries. Key highlights include a 20% increase in gross loans to KES 206 billion in the corporate banking sector and an impressive 100% growth in profit before tax from its regional subsidiaries. The report also outlines the Group's commitment to sustainability and its progress on its “Change the Story” transformation agenda, including the launch of its sustainability platform with 15 bold commitments.
Issuing Company NCBA Group PLC.
Report Type Integrated Report
Report Language EN
Report Filesize 3.63 MB
No. of Pages 238 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue