Steward Bank‘s 176k new customers help boost profits

STEWARD Bank recorded 176 000 new customers, which helped grow its profit after tax by 268,4% to $22,45 million for the financial year ending February 28, 2018.
This was from a previous of $6,15 million recorded over the same period last year.

In a statement accompanying the results for the period under review yesterday, Steward Bank chief executive officer, Lance Mambodiani said a surge in transactions from customers was behind the improvement in profits.

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