Bourse Report

Bourse Report |07.02.2022| Republic, First Citizens Marginally Improve

On this week’s #BourseReport Sarodh Ramkhelawan, reviews the performance of local Banking Sector giants Republic Financial Holdings Limited (RFHL) and First Citizens Bank Limited (FCGFH) for their first fiscal quarters ended 31st December, 2021. While both Groups benefitted from increased Operating Income and lower Credit Impairment Losses, earnings improvements were marginal. What might investors expect in the months ahead?

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