NCBA posts 20pc rise in net profit for Q1



Business Daily | by Edna Mwenda


NCBA Group has posted a 20.3 percent increase in profit after tax to Sh3.41 billion for the first quarter ending March 31, 2022.

The growth was attributed to increased operating income which rose to Sh13.14 billion in the period under review from Sh11.83 billion in the same period last year.

The Nairobi Securities Exchange-listed firm reported an overall interest income of 12.16 billion from Sh11 billion in the same period last year due to…

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