This archive report was first published on 20 August 2019.
Published on August 20, 2019, DTB Kenya has posted a half-year profit of Ksh4.1 billion for the first six months of 2019, marking a 10% year-on-year increase.
The lender's unaudited results show a slight decline in assets, from Ksh376 billion as of June 30, 2018, to Ksh375 billion as of June 30, 2019.
However, liabilities decreased from Ksh321 billion to Ksh313 billion during the same period.
DTB Kenya, listed on the Nairobi Securities Exchange (NSE), is worth an approximate Ksh33.9 billion and has been listed on the bourse since 1972.
The bank's parent firm, DTB, has over 120 branches across the East Africa region, spread through Kenya, Tanzania, Uganda, and Burundi.
DTB Kenya Managing Director Nasim Devji had stated in the Q1 financial results that the asset base for the Group continues to grow, with total assets closing at Ksh370 billion at the end of the first quarter of 2019.
