Driven by the dynamics of loans allocated to small and medium enterprises (SMEs), Absa Bank Kenya posted a net profit of 10.7 billion shillings ($87 million), an increase of 30% in the third quarter of 2022. The group benefited from a favorable period characterized by a recovery of the local economy to achieve good results. This performance was reflected in an improvement in the main indicators in the first 9 months of the year. The loan portfolio thus increased by 26% to reach 289.4 billion shillings (2.3 billion USD), mainly thanks to income from
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