Equity Group Reports 11pct Decline in 2020 Profit of Ksh 20.1 bn

Equity Group Plc reported on Monday an 11%  to Ksh 20.1 billion on the back of a 496% increase in loan loss provisions from 5.3 billion in 2019 to Ksh 26.6 billion in 2020.  Net interest income grew by 23% to Kshs 55 billion up from Kshs 45 billion driven by a 30% growth on … Continue reading Equity Group Reports 11pct Decline in 2020 Profit of Ksh 20.1 bn