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Malawi’s First Merchant Bank amasses K3.5bn in profits for six months

First Merchant Bank (FMB) has said it managed to register profits after tax of K3.558 billion for the six months period ended June 30, 2013. This translates into over 100% of profits in comparison with the same time last year when FMB declared K1.7 billion after tax profits. The unaudited consolidated results that announced this [...]

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