Banks’ pre-tax profits for 11 months to November last year hit a record Sh223.7 billion on increased lending, setting the stage for a dividend windfall for owners when full-year results are announced in March.
Central Bank of Kenya (CBK) economic indicators show that the pre-tax earnings are already 25 percent ahead of the 178.8 billion that was posted in a similar period in 2021 and the Sh194.8 billion for the full year.
