(Last Updated On: May 10, 2014)
Barclays bank Kenya recently just announced their financial performance and the bank emerged with a 16.9 per cent rise in net profit for the first quarter. This was around ksh1.94 billion. The growth was fueled by growth in interest income which stood at ksh4.52 billion.
The bank’s loan book also grew fro sh108.2 billion to sh114.9 billion while total expense rose by only 98 per cent to stand at sh4.03 billion.