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After 10% dip in Q1 profits, local lenders bank on rising rates to boost margins The weaker earnings were also partly at…
After 10% dip in Q1 profits, local lenders bank on rising rates to boost margins
The weaker earnings were also partly attributable to a high base effect - the trio had kicked off Q1 of 2021 with a stellar quarter on stronger fee income and lower credit costs, following a pandemic-struck 2020.
