Rwanda: Covid-19 - KCB Bank Half-Year Profits Drop By 40%

Regional lender, KCB Group, has reported a 40 per cent drop in net profit for the first half of the year, owing to factors linked to the Covid-19 pandemic.

The bank recorded a net profit of Ksh7.57 billion ($75.7 million) compared to Ksh12.72 billion ($127.2 million) in the same period last year.

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