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I&M Holdings Plc has posted a net profit of Sh4.36 billion for the period ended September 30, 2020. This is Sh1.94 billion less than the Sh6.3 billion the company registered for the same period last year.
It comes on the back of increased loan loss provision from Sh1.3 billion to Sh2.15 billion. Non-performing loans reached Sh18.03 billion, with insider loans of Sh5.73 billion.
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