East African banks remained resilient with higher Return on Equity (ROE) for the 12 months to September 30 signalling a relatively healthy performance for the regional lenders with shareholders deriving value from their investments amid the Covid-19 pandemic. FILE PHOTO | COURTESY
East African banks remained resilient with higher Return on Equity (ROE) for the 12 months to September 30 signalling a relatively healthy performance for the regional lenders with shareholders deriving value from their investments amid the Covid-19 pandemic.
Latest quarterly market report by analysts at AfricanFinancials Group shows that Kenyan banks dominated the list of regional lenders with higher ROE as eight lenders led by Equity Bank returned an average ROE of 14.37 percent during the period under review.
