Tight liquidity chokes Steward’s income

STEWARD Bank (Steward) recorded a 48 percent decline in net interest income to $10,5 billion for the half year ended August 31, 2023, owing to tight liquidity conditions. This comes as authorities have maintained a tight monetary policy since the start of the year, which has in some cases resulted in an acute shortage of…

Subscribe to read full article. Subscribe today

Related posts

Stanbic Bank Officially Opens Masvingo Branch

Higher gold price boosts Padenga earnings

FS Mining breaks ground on US$500m chrome project

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