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FCB expects downside risk on credit performance amid tight monetary regime

By ETimes First Capital Bank Zimbabwe says the liquidity crisis and high interest rates may pose a risk to credit performance. In September 2022, the Reserve Bank of Zimbabwe decided to…

Steward Bank’s half year profit jumps threefold

By ETimes Steward Bank’ half year inflation adjusted profit jumped threefold and the bank expects its activities to be driven by digital transformation. In 2021, the bank invested in a…

CBZ Bank becomes the fourth firm to launch Trustee Services

…SECZIM talks of Capital Market Development Plan By ETimes CBZ Bank has become the fourth player in the country to set up a custodial trustee service that will offer a…

Of limited real lending and soundness of the banking sector

By ETimes Eighteen out of 19 banking institutions reported profits in the first half of 2022, says the Reserve Bank of Zimbabwe (RBZ), with an aggregate profit of $181.25 billion…

NMB Holdings to choose dividend type for H1 2022

By Albert Nangara Company share dividends are, for many investors, a vital part of the stock market landscape. Dividends are important for investors looking for income, such as as part of…

ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1

…as Group Targets Expansion By Yona Banda Financial Performance Highlights  Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended 30…

Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn

By Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings surged…

ZB Profits Surge to ZWL$6.1bn as Botswana Operations Open Doors

By Yona Banda Highlights from financial performance ZSE listed financial services group ZB Financial Holdings earned an inflation adjusted half-year profit of ZWL$6.1 billion, which represented a 165% rise from…

CBZ Half-Year Profits Hit ZWL$17.5bn as Agriculture Loan Book Surges

By Yona Banda Financial services group CBZ Holdings posted a ZWL$17.5 billion inflation adjusted net profit after tax for the 6 month period ended 30 June 2022. The performance was…

FMB Capital making strides in the region

By ETimes First Capital Bank Zimbabwe (FCB) a subsidiary of FMB Capital Holdings (FMBCH) has led the group to a further positive performance in the six months to June 30, 2022. Loan…