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NAIROBI: Chase Bank received has recorded a 59 per cent growth in its profit after tax to Shs1.8 billion in September 2014 up from Shs1.1 billion in the same period last year.
The bank also disclosed to have received Shs1.3 billion in new capital through a rights issue to its existing shareholders. Announcing its third quarter financial results, the Bank reported that the new capital will ensure compliance with capital requirements and with a stronger balance sheet, support future growth.
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