National Bank of Kenya issues profit warning for 2015 earnings
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National Bank of Kenya (NBK) says its 2015 profit will be at least 25 per cent lower than the previous year hurt by an increase in bad loans.
1M | 3M | YTD | 1Y | 2Y |
-6.11% | -3.11% | +13.15% | -0.89% | -23.69% |
Value Traded (Mln KES) 463.57 |
Volume 32,819,400 |
Transactions - |
Market Cap. (Bln KES) 1,543.50 |
National Bank of Kenya (NBK) says its 2015 profit will be at least 25 per cent lower than the previous year hurt by an increase in bad loans.
Investors in Nairobi may in coming years begin to trade in securities in other three top exchanges in Africa without opening an additional account under a plan to link markets in Kenya, South Africa, Nigeria and Morocco.
The number of publicly traded firms whose earnings dropped by more than 25 per cent last year hit 19, compared to 11 in 2014.
The Nairobi Securities Exchange has recorded a 4.5 per cent decline in net profit to Sh305.6 million for the 2015 financial year.