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Business News
NATIONAL BANK REPORT 16% INCREASE IN NET PROFITS.
4 Jun 09
The National bank of Kenya seem to have weathered both the global financial crisis as well as the local economic downturn to record a 16% increase in its profits coupled with a 9% increase in its Net Interest income. Growth in its Interest income can be attributed to an increase in the bank’s lending business. The EPS also increased from kshs.0.89 to kshs.1.1
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