WIDESPREAD staff rationalisation complemented by bank automation helped to boost Steward Bank’s half year profit for the period ended August 31, 2024 amid ongoing restructuring.
Major changes within the company triggered a successful scheme of reconstruction by the bank’s holding company, EcoCash Holdings Zimbabwe, earlier this year resulting in disposal of all its non-banking subsidiaries to Econet Wireless Zimbabwe.
This has seen the bank embarking on a digital banking expansion drive, investing in technologies to enhance operational efficiencies and increasing the product offering.