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Home » MetBank posts $105mln profit

MetBank posts $105mln profit

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METBANK reported an inflation adjusted profit of $113 million and a historical profit after tax of $105,3 million for the half year ended June 30, 2021, driven by a 30 percent growth in its loan book.

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The bank’s loan book grew by $80 million to $347,8 million during the period under review.
In a statement accompanying the half year results, Metbank chairman Darlick Marandure said the bank’s strategy going forward is to strengthen its balance sheet “from which sustainable profits will keep flowing”.

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