South Africa's Nedbank: Jan-Sept net interest income up 8 pct
JOHANNESBURG Oct 28 (Reuters) - South Africa's Nedbank reported an 8 percent increase in earnings from lending for the first nine months of the year on Monday and said it was on track to meet its full-year target for profit growth.
Nedbank said in a statement that net interest income, a measure of earnings from loans, rose 8.3 percent in the nine months to end-September, to 15.7 billion rand ($1.60 billion). ($1 = 9.8213 South African rand) (Reporting by David Dolan; editing by Pascal Fletcher)
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