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Nedbank profits surge


Nedbank Eswatini delivered a strong financial performance with solid revenue growth resulting in headline earnings of 18.9 per cent.

This was for the financial performance for the 12 months ended  December 31, 2022.  According to a statement released by the bank, headline earnings increased by 18.9 per cent to E161.68 million.

The bank stated that this line was a measure of its profitability and has grown due to positive contributions from the net interest income, which was up 12.9 per cent as well as the non-interest revenue which was up six per cent. Details http://new.observer.org.sz/details.php?id=20188


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