Non Interest Incomes Impact on the Profitability of kenyas Commerecial Banks

Noninterest income creates income by ensuring the viability of banks in the event of nonpayment of interest income. Noninterest income includes income from property rentals, asset sales, and service fees. It is unaffected by financial market cycles and the economy as they are not subject to interest rate laws and regulations. Commercial banks' primary responsibility is to act as a conduit between its clients and available financial aid. Financial institutions distribute money received from investors and borrowers in a planned way that benefits all parties. In this way, the productivity of the entire economy is greatly increased by commercial organizations.