KENYA BANKING SECTOR 1Q25 PERFORMANCE – LISTED BANKS
Banks struggle to protect profitability in 2025 as FX and interest incomes fall Full Report: Overview: Listed banks in our coverage for the period 1Q25 exhibited flat overall profitability, weighed down by sluggish credit demand amid struggling interest and FX income. Notably: Review of banking sector multiples: Low valuation, long-term potential Definitions: Stock Recommendation Absa…