Kenyan banks rank among the top 20 in the world

Equity, KCB and Co-operative bank have ranked among top in the world.

The banks have been tracked by a London based firm that placed them top in maximizing their profits.

The scale, called returns on assets is a way of gauging how a bank utilizes its assets to generate income and maximize profits.

Equity bank ranked 11th on the scale while KCB was 14th. Co-op ranked 17th making the three Kenyan banks rank among the world’s top 20.

Equity had a returns list of 5.3 percent RoA while KCB had 4.5 percent RoA. Co-op had 4.24

Leave a Reply

Your email address will not be published. Required fields are marked *