KCB Group’s first-half pretax profit rose 14 per cent to Sh15.1 billion largely driven by its home market.
The bank said on its Twitter account Thursday that Kenya contributed Sh14 billion of the profit.
KCB Group also said a rights issue planned for later this year to raise Sh10 billion had been rescheduled, citing a strong projected cash flow for the full year.
It did not give a new time frame.
The bank, which also operates in Rwanda, Burundi, Tanzania, Uganda and South Sudan said net interest income rose 16 percent to Sh22.53 billion in the first half.
It said in a statement its total assets fell 1 per cent to Sh560 billion, while customer deposits fell 2 percent to Sh433 billion both attributed to the devaluation of the South Sudan pound.