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StanChart Kenya defies non-performing loans to post Sh14.3 billion profit

NAIROBI: Standard Chartered Bank Kenya Ltd (SCBK), a UK-based conglomerate, maintained its pole position as top corporate lender in the local market, reporting a pre-tax profit of Sh14.3 billion.

The earnings were realised during the financial year ended December 31, 2014 compared to Sh13.3 billion recorded in the previous period.

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