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Mozambique: Standard Bank Records Profit of 2.244 Billion Meticais

Summary by allAfrica
Maputo -- Mozambican branch of the South African Standard Bank has recorded, in the first half of 2026, a profit of 2.244 billion meticais (34.7 million US dollars at the current exchange rate).

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The Association of Pharmaceuticals of the Portuguese-speaking Countries (AFPLP) called on the Mozambican authorities to create the Order of Pharmaceuticals of Mozambique, assuming that it will help to meet the challenges of public health, according to a statement released today.

·Portugal
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In the first half of 2026, Standard Bank Mozambique maintains a profitable business despite an economic environment still marked by tensions on foreign exchange. The bank has recorded a net result of 2,244 billion meticas, according to its financial statements published on Friday, August 7, 2026. Over the same period, the bank's...

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Financial Afrik broke the news on Tuesday, August 11, 2026.
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