KCB Group #ticker:KCB posted a 17.48 per cent net profit rise in the half year ended June boosted by a drop in cost of bad loans and increased interest income.
Kenya’s biggest bank said it had made Sh12.1 billion net profit in the review period compared to Sh10.3 billion a year earlier, riding on a 3.57 per cent loan book growth to Sh421.4 billion that raised total interest income 6.1 per cent to Sh32.2 billion.
