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Business / Economics

18 March 2024: Morning Biz News: Financial Snapshot: Key Indicators in Focus

Standard Bank Holdings Namibia Reports Robust Profit Growth: Standard Bank Holdings Namibia has announced a significant increase in profit after tax for the period ending December 31, 2023. The reported profit surged to N$770 million, marking a notable 23.3% rise from the previous year's figure of N$624 million. This impressive growth is attributed to several factors, including a 24.6% increase in net interest income, largely driven by ongoing repo rate […]

todayMarch 18, 2024 12

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