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Absa profit falls 13pc to Sh5.3bn in first quarter
Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya’s net income declined 26.3 percent in the same period to Sh3.5 billion on lower interest...
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StanChart bucks trend with 26pc profit fall in first quarter
Stan Chart’s first quarter profit decline contrasts to other tier I peers who managed to post higher profits, largely from expanded lending margins even as interest rates fell…
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Absa profit falls 13pc to Sh5.3bn in first quarter
Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya’s net income declined 26.3 percent in the same period to Sh3.5 billion on…