NCBA posts 20.3pc rise in net profit for Q1

NCBA signage after the merger of CBA and NIC on October 15, 2019. FILE PHOTO | NMG

NCBA Group #ticker:NCBA has posted a 20.3 percent increase in profit after tax to Sh3.41 billion for the first quarter ending March 31, 2022.

The growth was attributed to increased operating income which rose to Sh13.14 billion in the period under review from Sh11.83 billion in the same period last year.

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