The banking sector registered an improved performance in the quarter ending 30th September 2010. This was indicated by the size of assets which stood at Ksh. 1.6 trillion, loans & advances worth Ksh. 879 billion, deposits of Ksh 1.3 trillion and profit before tax of Ksh. 53.2 billion as at 30th September 2010. The profit before tax of Ksh. 53.2 billion as at September 2010 already exceeds the 2009 full year profit of Ksh. 48.9 bn. In addition the number of bank customer deposit accounts stood at 11.14 million with a branch network of 1,030.
The sector is expected to register higher performance in 2010 compared to performance registered in 2009. The performance in the fourth quarter of 2010 will largely be supported by credit referencing and agent banking among other initiatives being pursued by the Central Bank as well as the continued positive economic climate.
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The sector is expected to register higher performance in 2010 compared to performance registered in 2009. The performance in the fourth quarter of 2010 will largely be supported by credit referencing and agent banking among other initiatives being pursued by the Central Bank as well as the continued positive economic climate. gold shawls and wraps , shawl wholesale online , prom shawl , embroidered pashmina shawl , pashmina shawls manufacturers , shawl fashion , men's pashmina shawls , best pashmina shawls , buy shawl , pashmina shawl in nepal
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