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National Bank of Kenya posts 19 percent net profit growth in first quarter

NBK Managing Director Paul Russo. [Courtesy]

National Bank of Kenya (NBK) has reported Sh184 million in profit after tax for the first quarter ending March 31, 2021.

This was a 19 per cent growth compared to a similar period last year, driven by increased income from loan interest and foreign exchange trading, and lower loan loss provisions.

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