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