Equity Group has posted a 6.6 percent net profit growth in the first quarter ended March to Sh12.3 billion, with performance boosted by higher interest income as well as revenue from fees and commissions.
The lender had recorded a net income of Sh11.5 billion a year earlier. Equity’s non-interest income grew the fastest at 57 percent to reach Sh18 billion, helping lift total operating income to Sh40 billion.
