Kenya’s Biggest Bank Seeks Deals for Growth 

KCB Group Plc is targeting an increase in full-year earnings of as much as 12% as Kenya’s biggest bank boosts lending and scouts for acquisitions to bolster an African expansion.

That’s more than double the pace in the first half as the Nairobi-based lender chases double-digit loans growth for the full year, mainly in the personal, corporate and manufacturing space, Chief Executive Officer Joshua Oigara said. An expansion of KCB’s mobile-banking services to all six markets in which it operates in the next two years will also help accelerate growth in non-interest revenue, he said.