Another Kenyan firm net profit up 18pc to Sh15.1b

[MK254]

• Equity is the first listed lender to release third quarter results, with its big shift towards government securities likely to be the trend in the industry.
• Equity doubled its loan loss provision during the period, from Sh1.69 billion to Sh3.3 billion.
• The gross non-performing loans at the bank rose by 40 per cent Sh16.5 billion, which is equivalent to six per cent of the loan book.

Equity Bank has posted an 18 per cent increase in net profit to Sh15.1 billion for the nine months to September, riding on higher returns from government securities.


Equity Bank net profit up 18pc to Sh15.1b on high returns from govt securities

 

[1academ]

safi sana mk sisi wadigo twasema watakula hoo...
mafala waambie wamwage data za crdb, amna bank nbc na twiga yaani hamna kitu huko mabenki ya mbolea tu!

 

[Depay]

Safcom is releasing its half year results today