Covid-19 hits Stanbic profits

STANBIC Bank Zimbabwe (Stanbic) says its profit declined by $100 million to $1,2 billion during the half-year to June 30, 2021, due to the impact of the Covid-19 pandemic. Advertisements Stanbic’s board chairman, Gregory Sebborn, said the bank’s operating expenses increased from $2,7 billion to $3,2 billion during the period, driven by expenditure of $430…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

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