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Stanbic profit up 15pc

HARARE – Stanbic Bank Zimbabwe (Stanbic), a unit of South African Standard Bank, recorded a 15 percent increase in profit to $23,9 million from $ 20,7 million for the year to December 31, 2015 buoyed by a surge in net interest income. In a statement accompanying the group’s financials, Stanbic chairman Stanford Moyo said the…

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