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Equity Bank registers a Ksh. 17.9 billion profit in its half year financial results

Equity Group's net profit for the first half of 2021 grew 98.4% to Ksh. 17.9 billion, driven by growth in interest and non-interest income. ....

South Sudan , James Mwangi , Equity Group , Total Income , Net Interest Income , Non Funded Income , Total Assets , Average Equity , தெற்கு சூடான் , பங்கு குழு , மொத்தம் வருமானம் , நிகர ஆர்வம் வருமானம் , அல்லாத நிதியுதவி வருமானம் , மொத்தம் சொத்துக்கள் , சராசரி பங்கு ,

Stanbic Bank registers Ksh. 1.9 billion net profit in Q1 FY2021

Stanbic Bank registers Ksh. 1.9 billion net profit in Q1 FY2021
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Stanbic has registered a 26.7% increase in Profit after tax to Ksh. 1.9 billion from Ksh. 1.5 billion recorded in a similar period last year. Loans and advances went down by 2.4% over the same period last year to Ksh. 157.9 billion, while government securities increased by 0.8%.
The financial results further revealed that the company’s total assets grew by 2.4% to Ksh. 317 billion, while customer deposits increased by 11.8% to Ksh. 226.6 billion the previous year. Total operating income increased by 11.1% to Ksh. 6 billion accompanied by 6.7% growth in Net Interest Income to Ksh. 3.2 billion and 21.7% increase in Non-Funded Income which is usually a major income earner for the bank to Ksh. 2.8 billion. ....

South Sudan , Stanbic Insurance Agency , Group Kenya Bank , Net Interest Income , Non Funded Income , Assets Quality , Kenya Bank , Stanbic Insurance Agency Limited , தெற்கு சூடான் , நிகர ஆர்வம் வருமானம் , அல்லாத நிதியுதவி வருமானம் , சொத்துக்கள் தரம் , கேந்ய வங்கி ,

FMB Group reports US$21 million profit

FMB Capital Holdings Plc (FMBCH), the holding company for First Capital Bank operations in Africa has posted an after-tax profit of US$ 21.3 million for the year ending December 2020 coming from a loss of US$18.6 million in the previous year.
The Group’s subsidiary banks located in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe had a successful year with impressive organic growth due to the Group’s business model, which is built for strong and sustainable performance, said the group in a statement.
Gursahani-We are making good strategic progress
The group said its combined Net Profit before Tax for the 2020 full year grew to US$35,5 million before tax. ....

Mahendra Gursahani , Fmb Capital Holdings Plc , First Capital Bank , Net Interest For The Group , Holdings Plc , Net Profit , Interim Group Managing Director , Net Interest , Non Funded Income , Operating Expenses , Subscribe Nyasa , முதல் மூலதனம் வங்கி , ஹோல்டிங்ஸ் ப்ல் , நிகர ப்ராஃபிட் , இடைக்கால குழு நிர்வகித்தல் இயக்குனர் , நிகர ஆர்வம் , அல்லாத நிதியுதவி வருமானம் , இயங்குகிறது செலவுகள் , பதிவு ஞாச ,

FMB Group reports US$21 million profit

FMB Group reports US$21 million Profit
FCB headquarters in Blantyre
FMB capital Holdings Plc (FMBCH), the holding company for First Capital Bank operations in Africa has posted an after tax profit of US$ 21.3 million for the year ending December 2020 coming from a loss of US$18.6 million in the previous year.
The Group’s subsidiary banks located in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe had a successful year with impressive organic growth due to the Group’s business model, which is built for strong and sustainable performance, said the group in a statement.
The group said its combined Net Profit before Tax for the 2020 full year grew to US$35,5 million before tax. ....

Mahendra Gursahani , First Capital Bank , Net Interest For The Group , Holdings Plc , Net Profit , Interim Group Managing Director , Net Interest , Non Funded Income , Operating Expenses , முதல் மூலதனம் வங்கி , ஹோல்டிங்ஸ் ப்ல் , நிகர ப்ராஃபிட் , இடைக்கால குழு நிர்வகித்தல் இயக்குனர் , நிகர ஆர்வம் , அல்லாத நிதியுதவி வருமானம் , இயங்குகிறது செலவுகள் ,