Nedbank profit soars

NEDBANK Zimbabwe (Nedbank) says its inflation-adjusted profit for the year ended December 31, 2022 rose 311 percent to $12,77 billion from $3,1 billion in the comparative period on the back of increased funded and non-funded income. Unrealised foreign exchange gains contributed 70 percent of the increase in non-funded income, which rose by 205 percent. In…

Subscribe to read full article. Subscribe today

Related posts

GreenCo secures US$11,5m backing as renewable energy platform expands

STANBIC BANK OFFICIALLY OPENS CHIREDZI BRANCH

Pfuma REIT completes Avondale acquisition

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