banks report card.

[wrongturn]

KCB, whose net income rose 74 percent to Sh34 billion, cut its provisions 52.2 percent to Sh12.9 billion. Its stock of bad loans meanwhile increased to Sh122.8 billion from Sh96.6 billion. dividends 2 bob

Absa Bank Kenya, whose net profit increased 161 percent to Sh10.8 billion, reduced its provisions 47.8 percent to Sh4.7 billion. Its bad loans increased to Sh19.8 billion from Sh17 billion. dividends 1.1

Standard Chartered Bank Kenya grew its net income by two-thirds to Sh9 billion as it lowered provisions 46.3 percent to Sh2 billion. Its gross defaults meanwhile increased to Sh23.2 billion from Sh22.3 billion. dividends 14 bob

Co-op Bank grew its net income 53 percent to Sh16.5 billion in the review period on higher interest income and lower costs. bad loans 49.7b, Provision sh. 7.9b dividends 1 bob.

 

[kibinda nkoye1]

Tununue gani for the long term? Although sijaona super stock Equity

 

[wrongturn]

Tununue gani for the long term? Although sijaona super stock Equity

equity are yet to release, long term kcb and equity. Also stanchart if you've extra monies

 

[It's Me Scumbag]

No bank will ever report a reduced loan portfolio...some creative accounting happens.

 

[wrongturn]

No bank will ever report a reduced loan portfolio...some creative accounting happens.

nowadays it's a bit hard, unless ,you involve cbk, kra in the cooking kitchen.And it must be at a very high level cooking.

 

[wrongturn]

Equity Group net profit for the full-year to December 31 doubled to Sh40.07 billion driven by huge cuts in loan loss provision which the lender reduced from Sh26.6 billion in 2020 to Sh5.8 billion last year , bad loans 53b, dividends 3 bob.