Nairobi, May 29 -- KCB Group provided an additional loan of Sh4.1 billion to its local subsidiary National Bank of Kenya in the first quarter ended March, helping to lift the unit's capital ratios above statutory requirements.

NBK has disclosed the additional funding from its parent firm, which will sit on the bank's balance sheet as supplementary or tier II capital.

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The injection lifted NBK's supplementary capital to Sh5.17 billion in the quarter ended March 2023 from Sh1.13 billion at the end of last year.

Supplementary capital can be built from multiple sources including loans, property revaluation reserves and hybrid instruments like preference shares.

The funding has already s...