Stanbic Bank Botswana expects a sharp rise in full-year profit, forecasting a 40 to 50 percent increase in profit before tax for the year ended December 31, 2024, compared to the previous year.
The bank disclosed in a cautionary announcement released on Wednesday that its profit before tax will be between P925 million and P992 million, up from P661 million in 2023. The official audited financial results will be published by month end.
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