NAIROBI (Reuters) -Kenya’s Equity Group Holdings, the country’s biggest lender by customers, said on Thursday its first quarter pretax profit for this year rose by 30 percent, helped by rising interest income.
Equity, which also operates in Uganda, Tanzania, Rwanda, Burundi, South Sudan and Democratic Republic of Congo, said its pretax profit rose 15.28 billion shillings ($132 million) from 11.71 billion shillings in the same period last year.
Its net interest income rose to 19.35 billion shillings from 14.82 billion shillings in the year earlier period, the group said in a statement.
($1 = 116.0500 Kenyan shillings)
(Reporting by George ObulutsaEditing by James Macharia Chege)
