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Home » CABS overturns 2019 deficit

CABS overturns 2019 deficit

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CABS has posted a $1,59 billion surplus for the year ended December 31, 2020 from a $710 million loss in 2019, driven by rising income and cost containment activities. In a statement accompanying the institution’s results, board chairman Washington Matsaira said the performance improvement was in spite of disruptions to normal business operations caused by…

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