Interest from TBs boosts Ecobank income

ECOBANK Zimbabwe last week reported a 123,4 percent increase in profit after tax for the year ended December 31, 2017, buoyed by interest income from its investments in Treasury Bills (TBs). The bank reported a profit after tax of $22 million, up from $9,9 million the previous year. In a statement accompanying the bank’s financial results,…

Subscribe to read full article. Subscribe today

Related posts

Tapfumaneyi retains CoSSE chairmanship

Dokwe reserves lift project economics

Ariston banks on funding support

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More