East AfricaFinance & BankingNews
Kenya’s KCB Group posts 8% jump in Q1 net profit
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NAIROBI (Reuters) – Kenya’s biggest lender KCB Group saw an 8% jump in profit after tax in the first quarter to March, to 6.3 billion Kenyan shillings ($59 million), it said in a statement on Wednesday.
The rise was driven in part by a boost to interest income from loan book growth, the bank said.
($1 = 106.8000 Kenyan shillings)
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