This archive report was first published on 22 November 2019.
On September 30th, 2019, Commercial Bank of Africa (CBA) released its Q3 results, showcasing a 2% increase in total interest income to Ksh 15 billion compared to the same period the previous year.
Despite a 4.8% decline in customer deposits to Ksh 6.3 billion, the bank's net interest income saw a 7% increase to Ksh 7.7 billion.
Notably, the bank's profit after tax rose by 37% to Ksh 4.6 billion, a significant improvement from Ksh 3.4 billion in Q3 2018.
For more related news, visit NCBA Names New Board After Completion of Merger.
