Family Bank profit increases by 137pc

Family Bank has posted a 137 per cent increase in profit after tax in the six months to June due to increased lending and use of technology.

Wednesday August 14 2013

PHOTO | FILE Customers queue for service at Family Bank on Kenyatta Avenue, Nairobi. Central Bank has lowered its benchmark lending rate to encourage banks to reduce their interest rates.

Customers queue for service at Family Bank on Kenyatta Avenue, Nairobi. Family Bank has posted a 137 per cent increase in profit after tax in the six months to June due to increased lending and use of technology. Photo/FILE  NATION MEDIA GROUP

By MWANIKI WAHOME [email protected]
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