The National Bank of Kenya (NBK) has reported a net profit of Ksh1.06 billion for the full year of 2025, marking a strong recovery from a Ksh3.3 billion after-tax loss recorded in the previous year.
The bank attributed its financial turnaround to balance sheet optimization and digital transformation, which played a key role in revenue growth.
“The year 2024 saw the bank bounce back to profitability despite a challenging macroeconomic environment,” NBK Managing Director George Odhiambo stated.
He credited the improved performance to enhanced efficiency, diversification of revenue streams, and a focus on customer service. “Moving forward, we aim to strengthen our relationship with existing customers while refining our products and services to meet their evolving needs,” he added.
NBK’s operating income rose by twelve percent to Ksh12.65 billion, with non-funded income accounting for twenty-three percent of the total. Net interest income also surged by twenty-four percent to Ksh9.8 billion.
However, interest expenses increased by eighteen percent to Ksh6.4 billion due to higher borrowing costs and rising funding expenses in a high-interest rate environment.
“NBK remains committed to leveraging technology, operational efficiency, and customer-centric service delivery to sustain its growth trajectory,” the bank stated.
The lender also reaffirmed its focus on investing in innovative financial solutions and sustainability-driven initiatives to ensure long-term prosperity.
