NCBA H1 2024 Results

In this episode recorded on 22.08.2024, we host NCBA Bank CEO and Kenya Bankers Association Chairman, John Gachora, to discuss the bank’s H1 2024 performance.We cover the current state of the economy, the acquisition of AIG Kenya, regional subsidiaries and expansion into West Africa, the risk-based pricing model, and the impact of Kenya’s credit rating downgrade.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction and H1 2024 Performance Highlights 00:02:33 Managing NPLs and the State of the Economy00:11:24 Regional Subsidiaries and Expansion to West Africa00:15:52 FX Performance and the Acquisition of AIG Kenya00:19:32 M&A and Capital Requirements00:22:49 Risk-Based Pricing Model00:24:03 Digital Banking Strategy00:27:49 Dividend Policy00:29:23 Rising Staff Costs and Strategic Hiring00:32:41 Mobile and Digital Loan Offerings00:38:15 Impact of Kenya’s Credit Rating Downgrade00:40:41 H2 2024 Outlook Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe