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KCB Group profit drops by 43 per cent to Sh10.9 billion

KCB Group Chief Executive Officer Joshua Oigara (Photo: File)

NAIROBI, KENYA: KCB Group has recorded a drop in its profit after tax outlining the impact of Covid-19 pandemic on its business.

The lender’s after-tax profits for the nine months ending September 2020 stood at Sh10.9billion, 43 per cent lower than the Sh19.2billion recorded last year.

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