Equity Group’s net profit for the nine months to September 30 increased by 26.62 per cent, largely helped by a surge in fees and commissions on banking transactions, forex trading and interest income from investments in government securities.
The group’s profit after tax rose to Ksh33.35 billion ($273.36 million) from Ksh26.33 billion ($215.81 million) in the same period last year, with contributions from regional operations increasing to 31 per cent from 23 per cent.
