PERFORMANCE
We are pleased to report a profit after tax (PAT) of MK22.932 billion up from MK11.658 billion profit achieved over a similar
period in 2021. Net Interest Income has gone up by 47% on the back of increase in interest bearing assets resulting in gross
interest income growth of 39% while Interest expense only grew by 23% as a result of the growth of the Bank’s deposits. The
interest expense did not grow at the same rate as the growth in deposits as a significant part of the growth came from demand
deposits.