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Nairobi; Kenya: Equity Bank Group reported a 25 per cent jump in pretax profits for the first nine months of the year, citing growth in non-interest income and a drop in provisions for bad debts.
The bank, which focuses on the lower-income part of the market, and also operates in Uganda, South Sudan, Tanzania and Rwanda, said profit rose to Sh15.82 billion as non-interest income rose 23 per cent.
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