Stanbic profit up on lending income

Stanbic’s total assets closed the year at ZWG35 billion, up from ZWG25,5 billion in December 2024.

STANBIC Bank Zimbabwe (Stanbic)’s profit after tax (PAT) grew 2 417 percent to ZiG682,2 million in the six months ended June 30, 2025 from ZiG27,1 million a year earlier supported by net interest income from new lending assets.Net interest income reached ZiG840 million, up 125 percent from ZiG374 million achieved in the comparable period last…

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