KCB ahead of Equity in six months profit race

Customers in a KCB banking hall. FILE PHOTO | NMG

KCB #ticker:KCB has raced ahead of Equity Bank #ticker:EQTY in the contest for Kenya’s most profitable bank as at the half-year mark.

Both banks, Kenya’s two biggest by profit and assets size, Thursday announced their six-month performance, which showed Equity had lost its first-quarter market leader position to its top rival KCB.

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