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Mid-tier banks post mixed results

Ecobank Group Chairman Emmanuel Ikazoboh (sixth left) and Group Chief Executive Officer Ade Ayeyemi (fifth left) with other directors during the bank's 30th Annual General meeting in Lomé, Togo.

Three mid-tier banks have posted mixed results in their half-year earnings released yesterday.

Ecobank’s half-year profits have jumped eightfold on increased foreign exchange trading and better management of its bad loans.

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