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DTB sounds profit warning over bad loans

DTB branch (PHOTO: Courtesy)

Diamond Trust Bank (DTB) has joined the growing list of lenders that have issued a profit warning for the 2020 financial year.

The lender joins Absa and Standard Chartered banks that have issued profit warnings for the year in the wake of growing bad debts and rescheduled loans arising from the effects of the Covid-19 pandemic.

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