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Stanbic Bank Zimbabwe achieves strong 2024 performance

Summary by The Zimbabwean

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 million after an independent property valuation, the sustainable historical cost profit was ZWG 1,4 billion. The Bank’s Chief Executive, Solomon Nyanhongo, attributed the strong performance to increased interest income o…

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brandeconomy.com.ng

Stanbic IBTC Holdings to pay shareholders N38.87 bn as dividend in 2024

Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to its shareholders for the financial year ended Dec. 31, 2024. This is a 36.3 per cent surge from N28.505 billion paid to its shareholders in 2023. The company disclosed this in a corporate disclosure through the Nigerian Exchange Ltd., on Friday. The …

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worldstagenews.com

Stanbic IBTC Holdings approves 36.3% dividend raise to N38.87b in 2024 - Worldstage

WorldStage Newsonline– Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to its shareholders for the financial year ended Dec. 31, 2024, a 36.3 per cent surge from N28.505 billion paid to its shareholders in 2023. The company in a corporate disclosure through the Nigerian Exchange Ltd., on Friday said “A Final Dividend of N3.00 per ordinary share of 50 kobo each, that is N38,870,991,489.00 “Subject to deduction of app…

4 days ago

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