Banking activity in Mozambique, measured by total assets, stood at 961.68 billion meticais in June 2024, which represents annual growth of 8.38% compared to the same period in 2023, and 4.70% compared to the previous six months. According to the Bank of Mozambique's (BdM) financial stability bulletin, released yesterday...
The Mozambican banking sector remained profitable and stable, with adequate levels of capitalization and liquidity, and satisfactory profitability, during the first half of 2024. The information is contained in the Financial Stability Bulletin released yesterday by the Bank of Mozambique (BdM), which notes that during the period under review, the overall solvency ratio stood at 26.33%,...