Rwanda contributed the highest volume of profit earnings for Kenyan bank subsidiaries in East Africa and beyond last year, a new report by the Central Bank of Kenya (CBK) said.
The CBK said the regional subsidiaries of Kenyan banks posted a combined pre-tax profit of Sh32.51 billion as of December 31, 2022, an increase of 88.65 percent from Sh.17.23 billion reported on December 31, 2021.
