ZB’s operating costs increase

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ZB FINANCIAL Holdings Limited’s (ZB) inflation adjusted operating costs rose to $9,4 billion in the half year to June 2022, a 58 percent increase from $5,9 billion recorded in the prior year.
The increase largely emanated from the upward pressure on cost structure resulting from the prevailing inflationary environment during the period under review.
Net interest income registered rose by 55 percent from $2,6 billion in 2021 to $4,1 billion this year. Inflation adjusted loan impairment charges rose by 207 percent from $0,747 billion last year to $2,2 billion.