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StanChart profit jumps 50pc on lower expenses

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Business Daily | by Patrick Alushula


Standard Chartered Bank Kenya’s net profit surged 50.9 percent in the half year ended June, helped by lower operating expenses and higher non-interest income.

The bank reported net earnings of Sh4.8 billion in the period compared to Sh3.2 billion a year earlier. StanChart did not declare an interim dividend, noting that…

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