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Home » Ecobank focuses on cost optimisation
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Ecobank focuses on cost optimisation

written by Elton Manguwo, Staff Writer 0 comments
The bank’s net non-interest income experienced an 18 percent decline, decreasing to ZiG1,20 billion from ZiG1,47 billion recorded in 2023. This reduction was primarily attributed to the transition from ZWL to ZiG in 2024.
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ECOBANK Zimbabwe (Ecobank) says it is focusing on cost optimisation to protect under-pressure margins from headwinds in the economy, characterised by high inflation and currency price distortions.To achieve this, the bank says it will leverage technology to grow its digital banking ecosystem to drive financial inclusion and cut costs.In its financial results for the year…

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