Emmerson Njanjamangezi, Group Features Editor 
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Empower Bank says it had to increase its provision for impairment losses by 649 percent during the half year to June 30, 2021 after the deterioration of its loan book, due to the Covid-19 pandemic.
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Chief executive Shadreck Mhembere said the bank’s client base — small businesses and the youth — were among the worst affected by Covid-19 restrictions as they were not designated essential services.
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