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Barclays Bank of Kenya Profit Drops 13% After Bad Loans Soar – Bloomberg

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Barclays Bank of Kenya Profit Drops 13% After Bad Loans Soar
Bloomberg
Non-performing loans increased at double the pace of new lending as banks across Kenya boosted credit, said Chief Executive Officer Jeremy Awori. Earnings declined after provisions for bad loans rose eightfold to 1.22 billion shillings and the lender ...
Barclays Bank of Kenya full-year profit declines on bad loansMail & Guardian Online

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