NCBA Group PLC has recorded a profit after tax of Kes 2.84 billion for the quarter ending March 31, 2021. This was an increase of 74% compared to Kes 1.6 billion that the Group posted during a similar period in 2020.
In Q1 2021, total assets increased to Kes 542 billion, representing a strong growth of 6% year on year. Customer deposits in the period increased by 11% year on year, fueled by strong business development efforts that have attracted new customers to the Group.
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