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Read More »Barclays Bank Kenya lags rivals
Bloomberg Barclays Bank of Kenya Ltd. became the first of the country’s biggest banks to report a drop in nine-month profit as it tripled loan-loss provisions and bad loans surged. The bank partially owned by Barclays Plc’s Africa unit posted profit of 6.06 billion shillings ($59.5 million) in the nine months through September, compared with 6.4 billion shillings a …
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