May 25, 2017 / 6:55 AM / 3 months ago

Kenya's Equity Group Q1 2017 pretax profit down 5 pct 6.9 bln shillings

NAIROBI, May 25 (Reuters) - Kenya's Equity Group Holdings said on Thursday its pretax profit fell 5 percent to 6.9 billion Kenyan shillings ($66.87 million) in the first quarter from 7.3 billion a year earlier.

Kenya's Equity Group Holdings, the country's second largest bank by assets, reported a 15 percent drop in net interest income to 8.9 billion shillings, CEO James Mwangi told an investor briefing.

$1 = 103.1800 Kenyan shillings Reporting by George Obulutsa; editing by Jason Neely

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