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Ecobank registers $306m profit

HARARE – Ecobank Zimbabwe’s parent company, Ecobank Transnational Incorporated (Ecobank), says its profit in the nine months to September 2015 declined by five percent to $306 million due to adverse currency movements, operational and impairment losses. In the period under review, the Pan African banking group’s profit before tax stood at $398 million down two…

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