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CDHIB makes K8.34 BN profit in six months

CDH Investment Bank (CDHIB) has made a profit of K8.34 billion in six months.

A summary of results for the bank indicates that in six months, its investment fund has grown by 183 % to K278 billion.

Another key performance within the period is the increase in the bank’s assets, now valued at MK477 billion from MK311 billion for 2023, representing 99%.

During the period, CDHIB recorded K144 billion customer deposits.

Currently, the bank has a total capital reserve and liabilities of K 32 billion.

In 2012, CDHIB started operating as a bank following a conversion from Continental Discount House Limited (CDH) which had
operated in the financial sector for 14 years since August 1998.

 

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