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Was Covid-19 bad for business? Banks rake in billions in profits

Banks have until the end of March to make public their audited full-year performance for 2021 in line with CBK guidelines. [Courtesy]

Banks’ pretax profits for full-year ended December 31, 2021, grew by 72.7 per cent to a record Sh194.8 billion, taking the earnings past the pre-pandemic levels.

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