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ABC Bank facing New Year with optimism despite 2014 hiccups

NAIROBI: ABC Bank is aggressively aligning its operations with the financial market in a bid to shore up its margins and market share this year.

The bank released a Sh650 million private bond in May last year with a greenshoe option of Sh350 million to raise the total long-term lending portfolio and to support its growth strategies. The bond was oversubscribed by 57 per cent.

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