HARARE, October 26 (The Source) – Stanbic Bank on Thursday revised downwards its monthly limits for foreign transactions to $100 effective October 31, 2017 as foreign currency shortages persist.
HARARE, March 30 (The Source) – Stanbic Bank Zimbabwe reported a 11 percent drop in profit after tax from $23,9 million to $21,2 million in the full year to December 2016, as cash transactions decline and foreign currency shortages persist. Net interest income was… Read More
HARARE, August 31 (The Source) – Stanbic Bank Zimbabwe first half profit remained unchanged at $10,5 million for the half year to 30 June 2016, as net interest income growth offset a decline in fees and commissions after a central bank directive to reduce bank… Read More
By Chipo Musoko, HARARE, August 1 (The Source) – Stanbic Bank non-managerial workers, through their labour union, the Zimbabwe Banks and Allied Workers Union (Zibawu) have given notice to strike in two weeks after a deadlock over salary and allowance increases. In the notice dated… Read More