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Equity Bank’s first quarter profit drops to Sh4.9 billion

NAIROBI, KENYA: Equity Bank on Thursday announced a 6 percent drop in first quarter profit to Sh4.9b compared to Sh5.1 billion same period last year.

During the same period, pretax profit fell 5 percent to Sh6.9 billion ($66.87 million) from 7.3 billion a year earlier.

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Equity Bank