Equity’s profit jumps by 79pc to Sh27b on reduced bad loans

Brent Malahay, Group Director of Strategy, Strategic Partnerships & Investor Relations Equity Group,  Group Managing Director & CEO Dr James Mwangi and Director Of Strategy Legal Services Mary Wangare Wamae during Equity Group investor briefing. [Wilberforce Okwiri, Standard]

Equity Bank’s net profit in the first nine months of this year grew by 79 per cent to Sh26.9 billion as the lender substantially cut its stock of bad loans.