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CBK outshines commercial lenders to post Sh17 billion profit

[Photo: Courtesy]

A strong shilling helped the Central Bank of Kenya to bounce back from a Sh4.6 billion loss in 2016 to post a net profit of Sh17 billion last year.

This makes the lender of last resort one of the most profitable banks in the country, only second to Kenya Commercial Bank, the biggest commercial lender by assets that made Sh19 billion over a similar period.

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