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Commercial Bank of Africa (CBA) released their Q3 results for the period ended 30th September 2019. It reported a total interest income of Ksh 15 billion; a 2% increase from what was reported in the same period the previous year.
The bank had a 4.8% decline in its customer deposits to ksh 6.3 billion from Ksh 6.6 billion in the previous year.
Net interest income increased by 7% from Ksh 7.2 billion in Q3 2018 to Ksh 7.7 billion.
Profit after tax increased by 37% from Ksh 3.4 billion in Q3 2018 to Ksh 4.6 billion.
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