An interim dividend of Ksh.6 per share declared.
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• This was largely attributable to a 32% and 25.6% uptick in Non-Funded Income (NFI) and Total Interest Income.
Liquidity in the money markets tightened, with the average interbank rate increasing to 4.4% from 4.2%
Remittances represent an important source of foreign exchange and support many livelihoods.
The Credit Repair Framework covers all loans with a repayment period of 30 days and below that were listed as non-performing by end of October 2022.
On a year-to-date basis, the shilling has depreciated by 7.6% against the dollar. This is higher than the 3.6% depreciation recorded in 2021.