Equity Bank reports Ksh.51 billion 9-month pretax profit
Kenya's Equity Group Holdings (EQTY.NR) on Tuesday reported pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period a year earlier.
Equity Group is Kenya's largest lender by customers and also operates in Uganda, Tanzania, Rwanda, Burundi, South Sudan and Democratic Republic of Congo.
Equity said its net interest income rose to Ksh.80.59 billion from Ksh.72.6 billion in the year-ago period.
