Business Daily | by Elizabeth Kivuva
Commercial banks’ quarter one pre-tax profits jumped 19.5 percent to a record Sh45.9 billion, defying an overall economic downturn due to the Covid-19 pandemic.
A survey by the Central Bank of Kenya (CBK) shows that the lenders made an extra pre-tax profit of Sh7.5 billion in the three months to March compared to a similar period in 2020 when total profits stood at Sh38.4 billion…
