ENP Newswire -
Release date- 12082014 -
The earnings stood at Ksh3.4-billion (about
'We are pleased with these strong first half results, which evidence revenue growth and operational efficiency gains across the business which has brought down the cost to income ratio from 55.1% to 50.4%,' says
'All business units have contributed to this robust performance, particularly
The net interest income was up by 19% over the same period last year, driven by the growth in customer loans, which grew by 24% to Ksh78.2-billion (
Corporate and Investment Banking's customer loans and advances increased by 17% mainly on short-term loans, while customer deposits grew by 10% mainly on client transaction accounts. Personal and Business Banking's customer loans grew by 33% while customer deposits registered a 21% growth.
For more about
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
SEPTEMBER 22, 2014
|Customer Service||Policy||Advertise||Site Tools|
|HispanicBusiness Services||Editorial Guidelines||Ad Specifications||Magazine Archive|
|List Rental Agreement||About Us||Media Kits||Post Your Event|
|HireDiversity Job Search||Editorial Calendar||Research|
© 2014 HispanicBusiness Inc. All Rights Reserved.