Absa Bank Kenya’s net profit increased sharply to Kes 8.2 billion in the nine months ended September as provision for bad debt fell sharply.
The lender’s net income rose 328.2 per cent from Kes 1.9 billion a year earlier attributed to the decline in provision for defaults by 55.2 % to Kes 3.4 billion.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
