NCBA unveils Sh2bn electric car financing as e-mobility picks speed
The lender announced in a statement on Wednesday that the new financing is part of its green finance strategy.
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The lender announced in a statement on Wednesday that the new financing is part of its green finance strategy.
The earnings represent a 24.8 percent increase over the Sh45.9 billion they earned in the three months to March 2021.
Banks have seen customers resume normal payments on 90 percent of the loans that were restructured in the wake of the Covid-19 pandemic in early 2020.
The transaction saw the ownership linked to the family of the late Philip Ndegwa, a former Central Bank of Kenya governor, increase by 12.7 million shares to a 12.52 percent stake currently worth...
The Nairobi Securities Exchange-listed firm reported an overall net income of Sh10.2 billion in the period.