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Sh. 11.4 billion bad loans squeeze Barclays Bank’s profits

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A surge in bad loans to Sh. 11.4 billion has seen profits realized by Barclays Bank of Kenya fall by 12 per cent to Sh. 7.3 billion net profit for the full year ended December 2016. Barclays saw its loan loss provision rise 2.2 times to Sh3.9 billion as the stock of non-performing loans more than […]

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