Thursday, November 26, 2015

NBK net earnings more than double

Money Markets
Munir Ahmed, National Bank managing director. PHOTO | FILE
Munir Ahmed, National Bank managing director. PHOTO | FILE |   NATION MEDIA GROUP
By BD REPORTER

The National Bank of Kenya has announced a more than double growth in net earnings for the nine months to September to Sh2.3 billion from Sh1 billion the same period last year.
The group's total interest income of rose to Sh9.75 billion versus Sh7.63 billion a year ago.
The bank also saw its net non performing loans rise 44 per cent to Sh5.5 billion compared to Sh3.8 billion last year.

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