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UBA Kenya profit up 185 per cent

United Bank Of Africa (UBA) Africa-East and Southern Africa,Chief Executive Officer Emeke Iweriebor during a press conference in Nairobi. [David Njaaga,Standard]

United Bank for Africa Kenyan unit (UBA-Kenya) has registered a 185 per cent growth in profit after tax for the period ending December 31, 2018, after the overcoming a challenging macroeconomic and business environment.

The lender’s profit after tax increased from Sh18.6 million to Sh53.1 million during the period.

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