Banking sector index up 73.3% on interest income


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January 31, 2018 12:51 am

Deposit money banks showed strength, beating other sectors in the equities market in 2017,  according to a report by Afrinvest Securities Limited. Given the resilience demonstrated by the banks amidtougher operating conditions, the banking index was unsurprisingly the best performing sector in 2017, up 73.3 percent. Performance of the banks remained driven by resilient earnings,…

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