Barclays Bank Kenya H1 2015 Financial Results and Performance

(Last Updated On: August 18, 2015)

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Barclays Bank Kenya reported an 8% rise in half year net profit due to an increase in non-interest income. Net profit stood at Ksh4.6 billion up from Ksh4.2 billion.

Non interest income grew by 12% too stand at Ksh4.8 billion. This is due to new products such as bancassurance, mortgage and asset finance and lastly the re-introduction of ATM fees. Interest income grew by 4% to Ksh10 billion while assets grew by 10% to Ksh235 billion.

Customer deposits grew by 10% to Ksh 163 billion . An interim dividend of 20 cents was declared.