Banks’ pre-tax profits for the seven months to July jumped 53.2 percent and surpassed last year’s full-year earnings, pointing to continued recovery from the Covid-19 menace with customers stepping up loan repayments.
Latest Central Bank of Kenya (CBK) data shows pre-tax earnings in the seven months hit Sh113.4 billion to race ahead of the Sh112.8 billion posted in the full year ended December 2020.
