Stanbic Bank Zimbabwe achieves strong 2024 performance

Stanbic Bank Zimbabwe achieved a historical cost profit of ZWG1,1 billion for the year ended 31 December 2024.   After adjusting for once-off technical accounting losses of ZWG 389 million incurred on its investment property portfolio at the beginning of the year, when the bank’s functional currency changed, and fair value gains of ZWG 51…