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KCB nine months pre-tax profit up 10pc

Joshua Oigara, KCB CEO

Kenya’s largest bank by assets, Kenya Commercial Bank (KCB), has posted a 10 per cent growth in pre-tax profit, which it attributed to growth in its loans book and improved earnings from non-funded income in its business across six African countries.

The lender yesterday reported a profit before tax of Sh19.4 billion in the nine months ending September 2015, up from Sh17 billion reported in a similar period last year.

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