Family Bank has posted 46 per cent increase in net profit to Sh1.81 billion for the financial year ended December 2014.
The bank’s earnings were boosted by a 36 per cent growth in the loan book to Sh37.9 billion. Customer deposits also grew by a similar margin of 36 per cent to hit Sh47.2 billion from Sh34.6 billion in 2013. Revenue grew by 35 per cent to Sh9.7 billion.
Business Daily
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