Nedbank half-year profit up 631 percent

15

NEDBANK Zimbabwe (Nedbank) says its half-year profit after tax increased by 631 percent to $4,8 billion in inflation-adjusted terms from $663,7 million in the corresponding period last year. In a statement accompanying the bank’s six months to June 30, 2022 financials, Nedbank’s managing director Sibongile Moyo said the financial institution recorded a significant increase in…