Equity Bank rakes in Sh34.4b profit in nine months

Equity Group Chief Executive James Mwangi (centre) with Group Chief Operating Officer Samuel Kirubi (left) and Sterling Capital Head of Research Renaldo D'Souza during the lender's quarter three investor briefing in Nairobi. [Wilberforce Okwiri, Standard]

Equity Bank made a profit after tax of Sh34.4 billion in the first nine months of this year on the back of growth in non-funded income.

This was a growth of 28 per cent compared to the Sh26.9 billion that the lender made in the third quarter of 2021.