Prime Bank posts 37.9pc net profit growth in first quarter 

PRIMEBANK

Prime Bank head office in Nairobi. FILE PHOTO | NMG
 

Prime Bank Group posted a 37.9 percent growth in net profit for the first three months to March, boosted by higher net interest income and improved operational efficiencies. 

The bank’s net earnings were recorded at Sh1.08 billion from Sh782.18 million recorded in the same period in 2022, on the back of a 46.9 percent rise in non-interest income from fees and commission on transactions to Sh839.7 million from 571.64 million

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