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NAIROBI, KENYA: National Bank of Kenya’s (NBK’s) recent predicaments deepened as a new banking report placed the embattled lender at the tail-end of the 11 listed financial institutions.
The latest Cytonn Investments’ Banking Sector Report for year 2015 placed the mid-tier bank at the bottom of the log following a poor financial performance which saw it register a loss of Sh1.2 billion. It also scored the lowest on governance among the listed firms.
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