2013 proving tricky for Stanbic

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By Mark Muhumuza  A spillover from 2012 is continuing to affect the performance of Uganda’s largest bank, Stanbic, after it posted a 1.7 percent  decline in net profits in the first six months of 2013. The profitability declined to Ushs 57.3bn from UShs 58.3bn during the same period in 2012. In 2012, the bank lost ground as Uganda’s most profitable bank due to reduced income, a rise i