KCB Group posts a Ksh. 6.3 Billion net profit for Q1 2021 KCB Group posts a Ksh. 6.3 Billion net profit for Q1 2021 Shares The Kenya Commercial Bank Group has posted a Ksh. 6.3 Billion net profit for the first three months to March which was a 1.8% rise from a similar period last year. The marginal rise in profitability was as a result of 9% rise in the interest income to KSh21.97 billion at the end of the first quarter, from KSh20.21 billion in the same quarter last year, due to increased lending. However, there were lower fees and commissions on short-term mobile loans. This is due to the fact that the bank scaled down its mobile loans to mitigate defaults in the wake of the economic difficulty brought by the Covid-19 pandemic, hurting fees from the short-term credit facilities. Also, non-interest income fell 20 percent to Sh6.3 billion from Sh7.8 billion.