Category: Sh181bn

Commercial banks recorded an 11.58 per cent increase in pre-tax profits to Sh181.1 billion in the first eight months of the year, defying an environment of rising loan defaults and low willingness to borrow. Central Bank of Kenya (CBK) data shows that January-August profits rose from Sh162.3 billion in the…

Commercial banks recorded an 11.58 per cent increase in pre-tax profits to Sh181.1 billion in the first eight months of the year, defying an environment of rising loan defaults and low willingness to borrow. Central Bank of Kenya (CBK) data shows that January-August profits rose from Sh162.3 billion in the…