Paul Ngaragari
Paul Ngaragari is the Chief Financial Officer of Family Bank, where he plays a crucial role in enhancing the bank's profitability through effective tax efficiency measures. Recently, he highlighted the bank's 38.7% increase in profit after tax to Sh2.3 billion for the first half of 2025, attributing this growth to the strategic utilization of tax provisions and rigorous compliance checks on investment decisions and vendor contracts.
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Kenya:
Paul Ngaragari is the Chief Financial Officer who presented the bank’s performance.
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Kenya:
Paul Ngaragari, Chief Financial Officer at Family Bank, noted that depressed household incomes as a result of unfavourable macro-economic indicators reduced appetite for loans.
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Kenya:
Paul Ngaragari explained that the larger margin in profit after tax goes to show the efficiency of the bank's utilisation of the available tax provisions to grow its bottom line.
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