The National Bank of Kenya (NBK) #ticker:NBK is set to send home 150 employees. FILE PHOTO | NMG National Bank of Kenya #ticker:NBK has posted a Sh282.7 million loss in half year ended June 2018, a decline from Sh179.8 million profit booked at a similar period last year. The six-month loss was on account of […]
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Kenya: National Bank Posts Sh282m Loss in First Six Months of 2018
Nairobi — National Bank of Kenya (NBK) has posted Sh282 million losses in the first half of 2018, compared to Sh179 million profit made same period the previous year. Loans dropped by Sh10 billion to Sh47 billion from Sh57 billion posted last year. Total Assets dropped to Sh113 billion from Sh116 billion in June 2017 […]
Kenya: NBK Sinks Into Sh282.7 Million Half Year Loss on Reduced Income
National Bank of Kenya has posted a Sh282.7 million loss in half year ended June 2018, a decline from Sh179.8 million profit booked at a similar period last year. The six-month loss was on account of reduced interest and non-interest income as the bank remained in breach of three capital ratios as required by Central […]
National Bank CEO gets Sh48m ($480k) pay
National Bank of Kenya (NBK) chief executive Wilfred Musau. file photo | nmg National Bank of Kenya’s chief executive Wilfred Musau earned a total of Sh48 million in the year ended December, representing an 80 per cent pay rise from his previous position as the lender’s director of retail banking. Mr Musau was paid Sh26.8 […]