Kenya: CFC Holdings Profit Rises 64 percent to U.S.$52.8 Million

Nairobi — CfC Stanbic Holdings Limited has recorded a pre-tax profit of Sh4.58 billion in 2012 compared to Sh2.79 billion earned in the year 2011.

This reflects a 64 percent increase in regards to year-on-year profitability following strong performances by its two subsidiaries - CfC Stanbic Bank Limited and CfC Financial Services Limited.

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