The profits of the three largest banks in Mozambique grew by six percent in 2023.

Noticias ao Minuto

The profits of the three largest banks in Mozambique grew by six percent in 2023.

According to the relevant reports and accounts, the largest commercial and investment bank in Mozambique, detained mainly by the General Depositary, led the profits in 2023 with 8.181 million metric tons (EUR 119.6 million) an increase of 1.28% year-on-year. Already Standard Bank of Mozambique of that South African group comes in second among the banking sector's profits in 2023 with a growth of 7.8% year-on-year to a record of 7.378 million met…