Nairobi, Kenya – Consolidated Bank of Kenya has staged a strong financial turnaround, posting a Sh21.6 million profit for the first half of 2025—a sharp rebound from the Sh76.8 million loss recorded in the same period last year.
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Key Drivers of the Turnaround
✔ Higher Interest Income – Net interest earnings surged 21% to Sh551 million, fueling profitability.
✔ Cost Discipline – Operating expenses fell 4% to Sh812 million, improving margins.
✔ Stronger Liquidity – Customer deposits grew 8% to Sh12 billion, lifting the bank’s liquidity ratio to over 30% (above the 20% regulatory requirement).
Balance Sheet Strengthens
- Total assets expanded 19% to Sh18.4 billion, signaling improved financial health.
- The bank credits its recovery to restructuring efforts after a difficult 2024.
Future Growth Strategy
- SME Focus – Targeting more lending to small and medium-sized businesses.
- Digital Banking Push – Investing in tech-driven financial solutions to attract customers.
Why This Matters
The results mark a pivotal comeback for the lender, proving its restructuring is paying off. With rising deposits, disciplined spending, and a clear growth roadmap, Consolidated Bank appears poised for sustained recovery.
📈 Outlook: Can the bank maintain this momentum into 2026? Share your thoughts!
