Major banks that have announced Half Year Results;comparison of Q1 vs Q2 2015
KCB ksh.6.2bn in Q1 and Ksh.7.0bn in Q2
Equity ksh.6.1bn in Q1 and Ksh.6.0bn in Q2
Coop ksh.4.5bn in Q1 and Ksh.4.25bn in Q2
CFCStanbic ksh.1.632bn in Q1 and ksh.1.2bn in Q2
Co-op and Equity Bank will experience a slow down as the year progresses while KCB may maintain the momentum.CFCstanbic the biggest slowdown and might even have a decline compared to Full Year 2014.
This can give a projection on what to expect come full year.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle