ECOBANK Zimbabwe says it is focusing on cost optimisation to protect under-pressure margins from headwinds in the economy, characterised by high inflation and currency price distortions.
To achieve this, the bank says it will leverage technology to grow its digital banking ecosystem to drive financial inclusion and cut costs.
In its financial results for the year ended December 31, 2024, Ecobank managing director, Moses Kurenjekwa, said focus will be channelled to “implementing measures to mitigate the impact of inflationary pressures and forward pricing by suppliers.”