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StanChart profits down 10 pc

HARARE – Standard Chartered Bank Zimbabwe Limited (StanChart)’s profit after tax slumped 10 percent to $7,2 million in the half year to June 2013, weighed down by a tough operating environment. The financial institution, wholly owned by British-based Standard Chartered Plc, said non-funded income was depressed during the period under review. “While the bank recorded…

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