Equity nets Sh33 billion to September

mwangi-equity

Equity Group Holdings PLC, Group Managing Director and CEO Dr James Mwangi. FILE PHOTO | DIANA NGILA | NMG

Equity Group’s net profit for nine months through September climbed 26.61 per cent to Sh33.35 billion, helped by higher income from lending and transactions.

The bank had made a net income of Sh26.3 billion a year earlier. Its interest earnings rose 23.43 per cent to Sh59.84 billion, while non-funded income went up 32.06 per cent to Sh42.22 billion.

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