Chase Bank Offices. PHOTO | FILE |
NATION MEDIA GROUP
Chase Bank has reported a net loss of Sh792 million for the full
year ended December 31, 2015 compared to a profit of Sh2.35 billion in
2014.
The bank’s total interest income declined from Sh15.1 billion to Sh13.5 billion in the period under review as interest expenses soared from Sh6.3 billion to Sh10.5 billion.
The lender’s full year total operating income stood at Sh8.7 billion compared to Sh10 billion posted during a similar period in 2014.
The bank’s total interest income declined from Sh15.1 billion to Sh13.5 billion in the period under review as interest expenses soared from Sh6.3 billion to Sh10.5 billion.
The lender’s full year total operating income stood at Sh8.7 billion compared to Sh10 billion posted during a similar period in 2014.
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