These results show the clear culprit is loan loss provisions. Seems the boom years resulted in largesse (in ageing branches) which was covered up by exorbitant loans.

Is this confirmed??

I thought KCB had thinning core capital....dividend rise was not expected

These results are interesting. On the balance sheet, customer deposits growth of only 6% against public notion that with the rate caps and tier three banks struggling, funds would have naturally gone to the big banks. Balances to other banks down 43% (who are funding the small banks since also their deposits have also stagnated?), growth in deposits in 2014/2015 was only 13%.

When you look at lending, higher by 11%, in 2014/2015 was 22% which is obvious from the capping law.

In terms of cash, there are questions not answered. @muganda, any chance we can see the cash flow statement.

2017 is a killer year for banks, the only hope is lifting the rate cap

Questionable, very suspicious. Muganda some people here may not understand that what pay out ratio is. Please do mind to explain, elaborate compare and contrast with the sectors average. I suspect fattening for slaughter

EXTREMELY! This is what will save an entire generation of wasuans..

Bring it on!

yes its confirmed.

Wah didn't think interest rate caps law would affect the banks so soon in Q4. Does KCB issue interim ama 3/= is first and final DVD?