Ecobank focuses on cost optimisation

Ecobank achieved a 125 percent increase in profit before tax for the year, to ZiG2,169 billion from ZiG0,965 billion in 2024.

ECOBANK Zimbabwe (Ecobank) says it is focusing on cost optimisation to protect under-pressure margins from headwinds in the economy, characterised by high inflation and currency price distortions.To achieve this, the bank says it will leverage technology to grow its digital banking ecosystem to drive financial inclusion and cut costs.In its financial results for the year…

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