Home Business Bank profits surge to Sh60b in 4 months on economic rebound

Bank profits surge to Sh60b in 4 months on economic rebound

central bank of kenya cbk
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The Standard | by Dominic Omondi


Bank profitability increased by more than a third in the first four months of the year, with the lenders raking in Sh59.8 billion.

Data from the Central Bank of Kenya (CBK) shows that by end of April last year, banks made Sh45.3 billion after being hit by the Covid-19 pandemic that had already started devastating the country as…

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