Home Business Equity’s profit jumps by 79pc to Sh27b on reduced bad loans

Equity’s profit jumps by 79pc to Sh27b on reduced bad loans

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The Standard | by Dominic Omondi


Equity Bank’s net profit in the first nine months of this year grew by 79 per cent to Sh26.9 billion as the lender substantially cut its stock of bad loans.

The nine-month profit has raced past the Sh20.1 billion profit that the lender posted in the full year ended December 2020…

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