KCB has posted a near flat growth for the full year ended December 2016.
The bank announced on Thursday that it had posted Sh. 19.72 billion in net profit, which represented a growth of Sh. 100 million only.
In the 2015 financial year, KCB had posted a growth of Sh. 19.62 billion.
Loans and advances to customers in the 12-month period went up by 11.50 per cent, to Sh385.75 billion, from Sh345.97 billion the year before.
Total non-performing loans, however, expanded by Sh7.03 billion to Sh27.20 billion. This resulted in the bank setting aside Sh5.17 billion to cater for the loan defaults in 2016, bringing the total provisions to Sh16.46 billion.
Net interest earnings increased by Sh7.79 billion or 19.85 per cent to Sh47.03 billion. Non-interest income, mainly from transaction fees and commissions, dropped by 3.98 per cent to Sh22.45 billion.
Operating costs increased by 11.92 per cent to Sh40.38 billion in December 2016 from Sh36.08 billion a year earlier.