KCB Trounces Equity as Kenya’s Largest Bank with KSh1.55tr Assets

KCB Bank has surpassed Equity as the largest lender in Kenya by asset size due to an aggressive expansion of foreign subsidiaries. KCB’s total assets stood at Sh1.55 trillion in the year ending December, compared to Equity’s total assets of Sh1.44 trillion. However, KCB trailed Equity in profitability in the period, with KCB stating it … Continue reading KCB Trounces Equity as Kenya’s Largest Bank with KSh1.55tr Assets