UBA pre-tax profit soars 347pc to sh105 million
UBA pre-tax Profit soars 347pc To Sh105 Million
UBA Kenya, part of Lagos-based banking multinational UBA Group, has posted a Sh105 million profit before tax for the period ending December 2019 on the back of growth in interest and non-funded incomes as well as tight control over costs. The jump represents a 347 percent year-on-year growth. The pan-African bank has been on a growth race operating in a competitive environment for more than 10 years that has seen it shift focus to SME and consumer financing needs to grow its loan book
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