MetBank posts $105mln profit

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.

Advertisements

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 flow

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

High costs cripple pig industry

NHS banks on business class lounges to boost revenues

NHS unveils big plans for Walvis Bay

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More