Mozambique: Standard Bank Records Profit of 2.244 Billion Meticais

Maputo — Mozambican branch of the South African Standard Bank has recorded, in the first half of 2026, a profit of 2.244 billion meticais (34.7 million US dollars at the current exchange rate).

According to the bank’s financial statements, the operations continued to expand with total assets growing by 0.7 percent to 195.259 billion meticais in June, compared with the end of 2025.

“Customer deposits increased by 5.0 percent to 146.558 billion meticais, while net loans to customers fell by 10.8…