Stanbic operations rated top class

STANBIC Bank Zimbabwe has been awarded top class rating for its operating performance across the board by Africa’s leading credit rating agency, GCR Rating (GCR).

GCR said Stanbic had a solid and stable outlook, with a resilient financial profile.

It said Stanbic Bank’s affirmation as a top performer was underpinned by its strong competitive positioning, healthy capitalisation, relatively stable funding structure and adequate liquidity.

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