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Mobile lending fees help raise CBA net profit to Sh3.9b

A Commercial Bank of Africa (CBA) branch along Kirinyaga road. The privately-held bank reported Sh3.9 billion in net earnings at the end of the third quarter. FILE PHOTO | SALATON NJAU

Commercial Bank of Africa’s (CBA) after-tax profit grew 52.7 per cent in the nine months to September helped by non-interest earnings from M-Shwari fees.

The privately-held bank reported Sh3.9 billion in net earnings at the end of the third quarter.

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Note: The results are not exact but very close to the actual.

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