The cumulative pre-tax profit for Kenya's commercial banks in the four months ended April rose 13.8 percent, riding on loan book growth, signalling another lucrative year for the banking sector.
Data from the Central Bank of Kenya (CBK) shows that the lenders’ pre-tax earnings in the review period stood at Sh111.8 billion, rising from Sh98.2 billion a year earlier. The performance is limited to the banks’ operations in the Kenyan market.
