Standard Chartered Bank posted a 70 percent jump in nine-month pretax profit, the latest bank to beat market expectations on growth in its loan portfolio. Co-operative Bank said nine-month pretax profit rose a third after its loan book expanded, defying concerns that high interest rates would increase the risk of loan defaults.
The Star (Nairobi)
Kenya: Standard Chartered Beats Market ExpectationsBy Joel Iregi, 16 November 2012
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