Nedbank Zimbabwe posts ZiG72,54m profit

NEDBANK Zimbabwe posted a profit after tax of ZiG72,54 million for the half year ended June 30, 2024, owing to a growth in transaction income and loans.

During the same period last year, the bank posted a profit after tax of ZWG561, 1 million.

In a statement accompanyingo its financial results for the half year ended June 30, 2024, Nedbank Zimbabwe chairperson Shepherd Shonhiwa said the rise in the bank’s fee income stream was fuelled by a growth in international and local payments.

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