NCBA bank posts Sh7.8 billion net profit

The bank recorded a 6.9 percent growth in its full year net income from Sh21.8 billion the year before.

Photo credit: FILE | NMG

NCBA Group #ticker:NCBA has posted Sh7.84 billion profit for the year ended December 2019, the first financial results after the merger of NIC and CBA banks.

The profit is made up of CBA performance for nine months to September and three months of NCBA, making it difficult to make direct comparison with previous financial year.

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