Foreign currency earnings lift ZB

ZB FINANCIAL Holdings (ZB) says it recorded a 29 percent increase in foreign currency earnings during the quarter ended March 31, 2023, up from a 15 percent increase in the corresponding period last year.
In a statement this week, the group said it also saw growth in local currency earnings across the business.
ZB provides financial solutions to the commercial and merchant banking sector in Zimbabwe, as well as retail banking services, insurance operations, the property sector and strategic investments.
“During the quarter under review, the business witnessed growth in both local and foreign currency transactions driven by enhanced digital channels, physical service centres and the International Virtual Service Centre.

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