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Gulf African Bank records 41 per cent profit growth

Wednesday, March 18, 2015 — updated on December 25, 2020 - 2 min read

Gulf African Bank on Kenyatta Avenue in Nairobi. PHOTO | FILE |

Shariah-compliant lender Gulf African Bank (GAB) has recorded a 41 per cent growth in profits after tax, riding on improved operating efficiencies.

The bank reported an after-tax profit of Sh402 million up from Sh285 million a year earlier.

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

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