Sandra Santeyian    created a new article
27 w

Equity profit falls to Sh42 billion on higher bad loan provisions | #equity

Equity profit falls to Sh42 billion on higher bad loan provisions

Equity profit falls to Sh42 billion on higher bad loan provisions

Equity Group's net profit for the year ended December 2023 fell by 6.48 percent to Sh41.98 billion after the lender doubled its provisioning for bad loans in the period.