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KCB targets small businesses to lift returns

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Kenya Commercial Bank , east Africa's biggest bank by assets, plans to improve returns for shareholders by stepping up lending to fast-growing small and medium sized businesses, its chief executive said this week. Joshua Oigara told the Reuters Africa Investment Summit that the bank, which lags the returns of some rivals like Equity Bank , aimed to lift its return on assets to 4.5-5.0 per cent this year from 3.6 per cent in 2012, and higher the year after...

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