Company says tough conditions in 2017 have occasioned a projected downward slide in earnings
Slide in market performance attributed to market conditions in Kenya and Uganda
Premiums also drop as corporation attributes factors contributing to the decline
The lender also paid dividends worth Ksh639.9 million last year
Bourse records positive earnings amid robust market performance
Half-year unaudited results released by the lender on August 16 indicate that the bank’s revenues grew to 12.1 billion
Gross written premiums increased by 18% from Ksh 7.6 billion in 2017 to Ksh 9 billion in 2018
Chairman Nicholas Ng’ang’a said the company will continue to perform strongly despite Chief Executive Bob Collymore being on sick leave for specialised treatment