KCB Group, led by Kenyan banker Paul Russo, eyes Ethiopia entry
KCB Group, led by Paul Russo, is eyeing entry into Ethiopia’s newly opened banking sector, weighing acquisitions and foreign ownership exemptions.
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KCB Group, led by Paul Russo, is eyeing entry into Ethiopia’s newly opened banking sector, weighing acquisitions and foreign ownership exemptions.
KCB Group, led by CEO Paul Russo, posted a $127.9 million Q1 profit, driven by regional growth and digital focus despite non-interest income slipping 9.7%.
KCB has worked with Riverbank Solutions since 2013, leveraging its technology to power its agency banking network.
KCB Bank Kenya’s loan book has surged in recent years, outpacing its deposit base.