{"id":5601,"date":"2026-04-08T15:37:57","date_gmt":"2026-04-08T15:37:57","guid":{"rendered":"https:\/\/thenewsroomhub.co.ke\/?p=5601"},"modified":"2026-04-08T15:37:57","modified_gmt":"2026-04-08T15:37:57","slug":"uba-kenya-swings-back-to-profit-with-173-surge-backed-by-fresh-capital-injection","status":"publish","type":"post","link":"https:\/\/thenewsroomhub.co.ke\/index.php\/2026\/04\/08\/uba-kenya-swings-back-to-profit-with-173-surge-backed-by-fresh-capital-injection\/","title":{"rendered":"UBA Kenya Swings Back to Profit with 173% Surge, Backed by Fresh Capital Injection"},"content":{"rendered":"

United Bank for Africa Kenya<\/span><\/span> has staged a strong financial turnaround, posting a profit before tax of KES 426.8 million in 2025<\/strong>, compared to a loss in 2024\u2014representing a 173% improvement<\/strong> and marking a major milestone in the bank\u2019s transformation journey.<\/p>\n

The performance underscores renewed momentum and reinforces the bank\u2019s commitment to sustainable growth in the Kenyan market<\/strong>.<\/p>\n

Capital Strength and Market Confidence<\/strong><\/span><\/h3>\n

In Q1 2026, the bank received additional capital support from its parent company, UBA Plc<\/span><\/span>, enabling it to fully comply with the Central Bank of Kenya<\/span><\/span> minimum core capital requirement of KES 3 billion<\/strong>.<\/p>\n

This move signals strong shareholder confidence in Kenya as a strategic growth market<\/strong>, while positioning UBA Kenya as a well-capitalized and resilient financial institution<\/strong>.<\/p>\n

Strong Growth Across Key Metrics<\/strong><\/span><\/h3>\n

The bank recorded notable growth in core business areas:<\/p>\n

    \n
  • Customer deposits<\/strong> surged by 76% to KES 1 billion<\/strong>, reflecting rising trust<\/li>\n
  • Loans and advances<\/strong> grew by 131%<\/strong>, indicating increased support to businesses and key sectors<\/li>\n<\/ul>\n

    These gains highlight improved customer relationships and a renewed focus on driving economic activity<\/strong>.<\/p>\n

    Backing Infrastructure Development<\/strong><\/span><\/h3>\n

    UBA Kenya also played a pivotal role in the USD 150 million Road Securitization Programme<\/strong>, a major infrastructure financing initiative aimed at:<\/p>\n

      \n
    • Unlocking liquidity for road contractors<\/li>\n
    • Accelerating completion of stalled projects<\/li>\n
    • Enhancing trade and mobility across the country<\/li>\n<\/ul>\n

      This positions the bank as a key player in structured finance and national development<\/strong>.<\/p>\n

      Leadership Perspective<\/strong><\/span><\/h3>\n

      George O. Otieno<\/span><\/span>, Chairman of the Board, described the turnaround as a significant milestone:<\/p>\n

      \n

      \u201cUBA Kenya\u2019s return to profitability reflects the Group\u2019s strong confidence in Kenya and positions the bank to play a greater role in supporting economic growth.\u201d<\/p>\n<\/blockquote>\n

      Mary Mulili<\/span><\/span>, Managing Director and CEO, added:<\/p>\n

      \n

      \u201cOur return to profitability is a clear signal that UBA Kenya is on the right path. We have strengthened our foundation and are now focused on growth.\u201d<\/p>\n<\/blockquote>\n

      Strategic Growth Pillars<\/strong><\/span><\/h3>\n

      UBA Kenya\u2019s future growth will be driven by:<\/p>\n

        \n
      • Cross-Border Trade:<\/strong> Leveraging pan-African platforms like PAPSS<\/li>\n
      • Sector-Focused Lending:<\/strong> Targeting manufacturing, agriculture, trade, mining, and construction<\/li>\n
      • SME Financing:<\/strong> Supporting business ecosystems and value chains<\/li>\n
      • Digital Innovation:<\/strong> Expanding digital banking and payment solutions<\/li>\n
      • Sustainable Finance:<\/strong> Advancing green and clean energy investments<\/li>\n<\/ul>\n

        Outlook<\/strong><\/span><\/h3>\n

        With a strengthened capital base and improved financial performance, UBA Kenya is now focused on:<\/p>\n

          \n
        • Scaling lending across priority sectors<\/li>\n
        • Driving financial inclusion<\/li>\n
        • Enabling intra-African trade<\/li>\n
        • Supporting infrastructure and economic growth<\/li>\n<\/ul>\n

          The bank\u2019s outlook remains strong and optimistic<\/strong>, signaling a new chapter of growth as it deepens its role in Kenya\u2019s financial and economic landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"

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