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Kenya: Rising interest income helped NIC Bank to a 24 per cent jump in full-year pre-tax profit, the bank announced yesterday, adding that it sees further growth being driven by targeting retail customers and small and medium-sized businesses.
The bank, which also operates in Tanzania and Uganda, said the 2014 pre-tax profit of Sh6.23 billion was helped by an 18 per cent rise in interest income to Sh11.4 billion.
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