Stanbic profit up on lending income

Stanbic Bank has participated in a number of hotel upgrades, fresh upstarts and syndicated loan arrangements.

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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