A STABLE macroeconomic environment has seen banks posting improved earnings quality, although recent fee cuts have the potential to trigger a market-wide revenue slowdown, latest banks financial results show. Core revenue in the form of funded and fees and commissions income drove profitability. This marked a notable shift from previous years, where unrealised exchange gains,…
Stable economy masks banks’ revenue risks
The Reserve Bank of Zimbabwe set a two percent ceiling on cash withdrawal fees and a 1,5 percent cap on point-of- sale charges.