Non-funded income dominates banking sector revenue mix

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ZIMBABWE’S banking sector continues to see a shift where non-funded income, driven by currency revaluations and fees, is making more money than traditional earnings.

This trend, which has developed over the past few years due to ongoing currency instability, saw interest income from loans drop further to 13,5 percent.

This persistent reliance on non-funded income is causing some worries about how sustainable the sector is in the long run, even though it’s currently showing strong profits.

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