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The resumption of oil exports in South Sudan boosted the performance of Stanbic Holdings' subsidiary in the country, which reported a profit after tax of Sh233 million in the bank's newly released 2025 financial results.
While Stanbic Holdings profit after tax remained relatively unchanged at Sh13.7 billion, its South Sudan subsidiary grew by 32 per cent. This is compared to 2024 when the subsidiary recorded a decline of 63 per cent in its profit after tax, settling at Sh176 million.
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