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    Covid-19 effect on banking

    COVID-19: Absa Group earnings decline by 82%

    by Samuel MuhimbaCompany NewsAugust 27, 2020August 27, 2020

    Absa Group Ltd, parent group of Uganda’s 3rd largest bank by assets and customer deposits, has reported an 82% decline in normalized interim earnings after impairments increased four-fold to R14.7…

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