Ecobank H1 PAT up 50pct

HARARE, August 25 (The Source) – Ecobank Zimbabwe posted a 52 percent growth in after tax profit to $3,4 million for the six months to June, 30, from $1,6 million in the comparable period last year. Net interest income was 15 percent up to $7,5… Read More

Bank deposits up 26pct y-o-y

HARARE, October 27 (The Source) – Zimbabwe’s bank deposits increased 26 percent to $4,24 billion in August 2015 compared to $3,37 billion recorded in the same period last year as confidence slowly creeps back into the banking sector, latest figures from the central bank shows.… Read More