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KCB bets on regional subsidiaries after net profit flattens at Sh9.7b

KCB Group Chief Executive Paul Russo during the release of first quarter 2023 financial results.

KCB Group is betting on regional subsidiaries and the reorganisation of some of its business units to grow income in the remainder of the year.

This is after the lender posted a flat profit after tax of Sh9.75 billion in the three months to March.

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