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 RBZ is responsible for formulating monetary policy, issuing the national currency, and regulating the financial and banking systems.