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KCB hints at buying stake in Barclays

KCB Group Chief Executive Officer Joshua Oigara

Kenya Commercial Bank (KCB) has hinted at buying out one of its longtime arch rivals, Barclays Bank, even as it posted a 16 per cent rise in net profits in 2015 to hit Sh19.6 billion.


The lender, which had posted Sh16.8 billion in net profits in a similar period in 2014, attributed the good performance to a growth in interest income revenue.

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