Bank of Africa net profit dips 54pc on forex income hit

A Bank of Africa branch in Nairobi.

Photo credit: File | Nation Media Group

Bank of Africa (BoA) Kenya has reported a 53.7 percent drop in its net profit for the six months ended March 2025, owing to a decline in its forex income.

The bank posted a net profit of Sh62.7 million, down from Sh135.5 million in a similar period the previous year.

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