KCB Bank Group targets 2.5mn jobs in five years - Page 2 of 2 - Capital Business
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The programme dubbed "2JIAJIRI" is geared towards easing the country's unemployment crisis and seeks to help youthful entrepreneurs within the informal sector/FILE

Kenya

KCB Bank Group targets 2.5mn jobs in five years

KCB Group has posted a 16 percent increase in net profit for 2015 to hit Sh19.6 billion up from Sh16.8 billion in 2014.

The management attributes the growth to their international business that rose to 12.8 percent up from 8.3 percent the previous year.

Total assets went up by 14 percent from Sh490.34billion to Sh558billion while net loans and advances went up 22 percent to Sh346 billion from Sh284 billion recorded same period previous year.

Customer deposits stand at Sh424.4 billion a 12 percent rise from Sh377 billion in recorded in 2014.

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