Hyperinflation distorts reality of bank profits, says BAZ boss
There is a perception that banks are making super profits in a distressed economy
By Freeman Makopa
Jun. 6, 2025
Nedbank Zim records a 203% profit increase
The rise was underpinned by loans to the private sector, which supported an overall growth of 182% to the bank’s net funded income.
By Tatira Zwinoira
Mar. 28, 2024
Nedbank Zim profit jumps to ZW$164bn after revaluation
Loans and advances to customers ended the period at ZW$217,69 billion, from a 2022 comparative of ZW$53,1 billion.
By Tatira Zwinoira
Aug. 18, 2023
Nedbank posts 311%
“The non-funded income increase was spurred by increased volume of transactions as well as increase in active customer numbers on our mobile banking and internet banking platform.”
By Business Reporter
Mar. 26, 2023
