ity in June 2007.
Met Bank Chief Executive Officer, Virgil Jakachira, confirmed last week (this week) that plans were afoot to list on the local bourse before the end of the year.
Met Bank recorded a Z$1,7 billion net profit in its last financial year ended December 2006.Total interest stood at Z$5,98billion against Z$316, 7million registered in the prior period.
The Bank also managed to meet the RBZ’ s US$10million capital adequacy level and by end of the 2006 financial period, the capital adequacy ratio stood at 28, 7%. – CAJ News
Post published in: News