[Source: Business Daily, by Victor Juma]
Family Bank reported a 75.2 per cent net profit growth in the half year ended June on the back of higher interest income.
The lender’s net earnings in the period stood at Sh638.4 million compared to Sh364.3 million a year earlier.
The performance is one of the best in the industry where more players are posting lower profits on increased provisions for coronavirus-related defaults…
