Some key highlights of this performance for the period from July 2009 to end of July 2010 are;   Assets grew by 26 percent to stand at Ksh.1.6 trillion;    Total deposits grew by Ksh.270 billion, representing a 28 percent growth rate, to stand at Ksh.1.2 trillion;    Gross advances amounted to Ksh.848 billion, having grown by Ksh.128 billion from a similar period in 2009;    A profit before tax of Ksh.42.8 billion was registered in the last seven months compared to Ksh.28.5 billion in July 2009, a growth rate of 50 percent;    The number of bank branches at the end of July 2010 stood at 1,020 an increase of 24 branches from the end of December 2009;    The number of bank accounts has increased by 35 percent from 7.9 million accounts in July 2009 to 10.7 million as at the end of July 2010.
This impressive growth has been supported by the expansion of banks into new market segments, prudent risk management and enhanced economic prospects underpinned by a stable macroeconomic environment. The Central Bank expects the banking sector to continue on this growth trajectory.