(In last paragraph, corrects to 575 million, from 575 billion.)
NAIROBI Nov 23 Barclays Bank of Kenya Ltd
posted a 4.8 percent rise in its pretax profit for the
first nine months of this year to 9.3 billion shillings ($108.45
million), it said on Friday.
The bank, which is majority owned by Barclays Plc,
bucked the trend among large Kenyan lenders, most of which
posted double-digit profit growth in the period.
It said its net interest income increased by 1.5 billion
shillings to 13.5 billion shillings, but the gain was offset by
a drop in non-interest income and an increase in operating
Costs rose by close to half a billion shillings, while
non-interest income like forex trading slid by 575 million
shillings to just over 7 billion shillings.
($1 = 85.7500 Kenyan shillings)
(Reporting by Duncan Miriri; Editing by Matt Driskill)