South African lender Absa posts 10% rise in annual profit

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Absa Group logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS
JOHANNESBURG, March 11 (Reuters) – South African lender Absa Group (ABGJ.J), on Tuesday posted a 10% rise in annual profit from a year earlier and a final dividend of 775 cents per share.
The lender posted headline earnings per share of 26.62 rand for the year ended on December 31.

Reporting by Nqobile Dludla; Editing by Tom Hogue

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