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East Africa’s Biggest Bank Profit Yet
Kenya's #1 newsletter among business leaders & policy makers
Hello 👋🏽 It's Brian from The Kenyan Wall Street. In today's newsletter edition, these are the stories we have prepared for you…
East Africa’s Biggest Bank Profit Yet
By Harry Njuguna
Equity Group just turned heads with a record KSh 75.5 billion profit for 2025, the biggest in East and Central Africa. Strong revenue, smarter cost management, and booming regional branches are driving the surge.
Financial Snapshot:
🟢 Profit after tax shot up 55% from last year, while net interest income climbed to KSh 126.9 billion thanks to falling interest costs.
🟢 Fees, forex, and digital banking helped non-interest income grow 6.7% to KSh 90.8 billion.
🟢 The balance sheet is bulging: assets hit KSh 1.97 trillion, deposits KSh 1.46 trillion, and shareholders’ funds jumped 32% to KSh 326.1 billion.
🟢 Regional operations are now half the profit story, with DRC, Uganda, and Tanzania leading the charge.
Read the financial analysis here >>>>>
The AI Regulator is Here!
By Brian Nzomo
Kenya’s proposed AI bill introduces a new commissioner with sweeping powers, planting a central authority amid a tangle of existing digital regulators. The law adopts a tiered risk framework : unacceptable, high, limited, and minimal…mirroring European rules, but leaves much of the interpretation to the commissioner’s discretion. High-risk systems in finance, health, and education face heavy scrutiny, while the line between oversight and innovation remains tantalizingly blurry. For startups and established firms alike, the real question may not be what the rules are, but how the regulator chooses to read them.
Read the article here >>>>>
StanChart’s Earnings Take a Hit
StanChart Kenya Profit After Tax
By Harry Njuguna
Standard Chartered Bank Kenya saw profits tumble as a long-running pension case resurfaced, testing the bank’s resilience amid a softening interest environment.
Financial Snapshot :
🔴 Net profit fell 38% to KSh 12.44B, dragged by a one-off KSh 2.6B pension charge.
🔴 Net interest income slid 13%, squeezed by falling rates and a stabilizing shilling.
🔴 Non-interest income dropped 23%, with foreign exchange and transaction services under pressure.
🟢 The FY2025 result still ranks as the third-highest in history, with a final dividend of KSh 23.00 per share.
Read the full analysis here »»»»»
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