Banks have hit a record profit despite the cap interest that banks were slapped with by the parliament about two years ago.
The profits for 2018 hit a record of Sh152.3 billion which was past the profits for the previous year.
The report by the Central Bank shows that the earnings increased by over 12 per cent.
It follows that the banks have managed to beat the cap interest limit by adopting other ways of profit maximization.
With the new targets, banks are now regaining their position as some of the most profitable ventures of the economy.