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Rebranding trims Barclays earnings, I&M profit up 29pc

Barclays Bank of Kenya’s 10 per cent increase in profits has been trimmed down by a Sh243 million payment for rebranding to ABSA.

The bank’s net profits after booking the expense moved only marginally from Sh1.88 billion to Sh1.89 billion for the three months to March this year.

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