HomeBusiness

Steward Bank profits jump 37% to $2.6 mil

7 years agoTue, 01 Nov 2016 08:31:16 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Steward Bank profits jump 37% to $2.6 mil

Econet Zimbabwe owned Steward Bank reported a profit increase of 37% in the half year to 31 August 2016.  The bank made $2,6 million in the six months, up from $1,9 million in the same period last year. Steward Bank has been in the black since FY 2016. In the 2015 full year, the bank ade a loss of $8.8 million.

Steward Bank chairman Bernard Chidzero said:

I attribute the growth to our bold strategy to pursue a new banking model anchored on transactional banking and a seamless integration with the EcoCash mobile money platform as central pillar.

More: The Source, Techzim

 

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback