EXHIBIT 23 Consent of Independent Auditors Board of Directors The Bank of Kentucky Financial Corporation Florence, Kentucky We consent to the incorporation by reference in the Registration Statement on Form S-8 of The Bank of Kentucky Financial Corporation of our Report of Independent Auditors, dated January 23, 2002, on the consolidated balance sheets of The Bank of Kentucky Financial Corporation as of December 31, 2001 and 2000 and the related consolidated statements of income, changes in shareholders' equity and cash flows for each of the three years in the period ended December 31, 2001, which report is included in Form 10-K of The Bank of Kentucky Financial Corporation for the year ended December 31, 2001 Crowe, Chizek and Company LLP March 15, 2002 Indianapolis, Indiana