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Home » BancABC rebounds to profit
Companies & Markets

BancABC rebounds to profit

written by Kudzanai Gerede, Companies and Market Editor 0 comments
The bank said its loan-to-deposit ratio stood at 53 percent, despite the tight liquidity conditions which inhibited its ability to fully meet customer demand.
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BANCABC Zimbabwe (BancABC) has reported a ZiG146,6 million profit after tax during the six months to June 30, 2025, supported by non-interest income, improved customer base and strict cost control.The group managed to overturn the previous year comparable period’s loss position of ZiG331,7 million as more business was generated by growth in digital transactions following…

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