BBK profits up by 26 percent.

http://af.reuters.com/ar...ws/idAFJOE7A00FE20111101

Good on ya! Darn colonial bank.

Let's await SCBK now

C'mon! Provision expenses can always be tinkered with by a bank but what matters BBK is faltering i.e fundamentally is to gather deposits & make loans. These folks aren't actively participating in the real economy just speculating on trading desks and charging astronomical bank fees. #bure kabisa!

Interest from Loans and Advances as well as Interest from Government Securities was down.

Meanwhile Interest Expenses on Customers Deposits was more than halved to Kshs. 433 Million, from 914 Million


Loan loss provision reduced by 55.7% to Kshs. 520 Million from Kshs. 1.2 Billion

Fees and Commissions declined by 7.2% to Kshs. 5.2 Billion

Foreign Exchange Trading Income however, was up 16.1% to Kshs. 2.1 Billion

LINK:BARCLAYS BANK OF KENYA 9 MONTH AFTER TAX PROFIT UP 11.2% TO 6.1 BILLION