FMB Capital Holdings (FMBCH) plc, has posted profit after tax of $21.2 million (about K16.5 billion), as the group managing director Mahendra Gursahani attributed the profit jump to a  disciplined emphasis on performance, people and purpose priorities.

Figures on the statement show that  net interest income for the group grew by 18 percent to $65.7 million while non-funded income rose by 21 percent to $61.5 million from $50.7 million in December 2019. During the same period, total income improved by 19 percent to $127.3 million while operating expenses decreased by seven percent to $79.7 million.

“We will continue to innovate and evolve our operating model to be more flexible and provide our clients with a banking experience that truly meets their financial aspirations.” said Gurshani.