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StanChart's net profit jumps 37pc to Sh8.7 billion

Standard Chartered Bank. [Elvis Ogina, Standard]

Standard Chartered Bank Wednesday reported a 37.1 per cent increase in profit after tax for the nine months to September.

This was on the back of growth in non-funded income as well as a recovery in the economy from the ravages of Covid-19 that resulted in a drop in loan impairments.

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