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Diamond Trust Bank (DTB) issues profit warning

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Kenyan Wall Street | by Business Reporter


Listed tier 1 lender Diamond Trust Bank (DTB) Kenya Limited has issued a profit warning for the financial year ended December 2020.

In a statement, the bank said its earnings will be affected by the negative impact of the pandemic particularly given the impact on trade flows and the uncertainty created in the export, hospitality, real estate, aviation, tourism and agribusiness sectors.

“It is against this backdrop that the Board of Directors wishes to announce that DTB’s earnings for the current financial year are…

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