Equity Group reports 6percent rise in Q1 pretax profit

Equity Group Holdings said on Thursday its first quarter pretax profit rose 6 percent to Ksh.8.84 billion ($87.44 million).

The bank said net interest income rose to Ksh.10.4 billion from Ksh.9.8billion, while non-funded income was up 7 percent to Ksh.7.2billion.

Equity also operates in Tanzania, Rwanda, Burundi, South Sudan, Uganda and Democratic Republic of Congo.

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