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Absa Kenya posts 30% solid net profits

Listed lender Absa Kenya has weathered a tough economic environment in East Africa to post a 30 per cent jump in its quarter three earnings. The solid profits were attributed to a saw a spike in interest income which was up by 25 per cent to hit 23.3 billion shillings. CNBC Africa spoke with the bank’s interim CEO Yusuf Omari for more.
Tue, 29 Nov 2022 10:32:58 GMT