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.

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,…

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