@Obiero
if I follow the results of Q2 and project to Q3 the figures for KCB is understated and Equity bank overstated.
In Q1 Equity bank did 7.3bn and KCB 6.6bn pretax profit
In Q2 Equity bank did 7bn and KCB 8.5bn
That brought half year results to 14.2bn for Equity bank and 15.1bn for KCB.
I'm wondering how in Q3 Equity will do 7.4bn and KCB 6.5bn; something is amiss.
In my predictions I see Equity in 9 months posting 21bn and KCB 22.4bn.
NB:Interest rates cap was applicable for 16 days out of 92
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle