Let Your Loved Ones Cash Out* Their Receives in Zimbabwe

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Let your loved ones cash out* their receives in Zimbabwe Guaranteed cash when you send money to their EcoCash mobile wallet at a flat fee of 5%** *Available at selected Econet shops and Steward Bank branches countrywide. at selected Econet shops and Steward *Available Receive at: *Guaranteed cash out at these locations in Zimbabwe HARARE Econet Joina CHITUNGWIZA Econet Avondale MASH.CENTRAL Econet Makoni Shop Econet Borrowdale Econet Bindura Econet Shop Town Econet Herbert Econet Mt Darwin Centre Chitepo Econet Mvurwi Econet Zengeza 2 Econet Graniteside Makoni Econet Econet Ruwa MAT. SOUTH Retail Container Econet House Econet Gwanda Econet Zengeza 1 Econet Livingstone Econet Beitbridge Econet Huruyadzo Econet Msasa Econet Plumtree Econet Chisipiti MIDLANDS Econet Ruwa MASH. EAST Econet Gweru Econet Shop Inside Econet Mutoko Econet Kwekwe Harare International Econet Kotwa Econet Gokwe Airport Econet Marondera Econet Zvishavane Econet Msasa Econet Murehwa Econet Mvuma Steward Bank Joina Steward Bank Gweru Steward Bank MASH. WEST Avondale Econet Notorn MANICALAND Steward Bank Econet Chegutu Econet Chipinge Kwame Nkruma Econet Kadoma Econet Rusape Steward Bank Econet Karoi Econet Checheche Eastgate Mall Econet Chinhoyi Econet Buhera Econet Mutare BULAWAYO MASVINGO Econet Mutare Econet Hunterfly Econet Masvingo Old Shop Econet Bradfield Econet Gutu Steward Bank Econet Bulawayo Econet Nyika Mutare Main Steward Bank Steward Bank Masvingo Bulawayo Send at: Discover your way at moneygram.co.za cash-to-cash • cash-to-mobile **In addition to the transfer fee, a currency exchange rate may also apply. MoneyGram also makes money from currency Exchange. MoneyGram, the Globe and MoneyGram Bringing You Closer are marks of MoneyGram. All other marks are the property of their respective owners. © 2018 MoneyGram. 18-05121.

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AUDITED ABRIDGED FINANCIAL STATEMENTS for the Year Ended 28 February 2019 1834/ PAGE 1 - STEWARD BANK LIMITED BANK 1 - STEWARD 1834/ PAGE
AUDITED ABRIDGED FINANCIAL STATEMENTS for the year ended 28 February 2019 1834/ PAGE 1 - STEWARD BANK LIMITED BANK 1 - STEWARD 1834/ PAGE Bank anytime, anywhere in the world on WhatsApp With your VISA and MasterCard you can now Purchase Airtime, Buy ZESA tokens and make other Bill payments all on WhatsApp for your loved ones in Zimbabwe. Just save +263 777 222 333 to your contacts and say ‘Hi’ on WhatsApp to get started. H IGHLIGHT S $21.5m 75% 8 $13.3m COST TO Net Operating $31.9m $22.5m IUIITY Tier 1 Capital INCOME RATIO 2019 2018 3 RATIO Income NONINTEREST 2019 2018 $92.6m Strong growth in transactional INCOME More than double based revenue in line with 2 ompar 1 strat tent 1 minimum regulatory PROFIT AFTER TAX NET INTEREST INCOME ratio of 30% CHAIRMAN’S REPORT We are grateful for the support and recognition we have received With the digital shift, there will be a heavy reliance on IT networks On behalf of the Board for our contribution to the banking and financial services sector and infrastructure. Connectivity and system uptime will be key to I am pleased to report another set of remarkable financial results in Zimbabwe. These awards demonstrate our commitment to all online forms of banking and commerce. The transition is also Bernard T.R. Chidzero for the financial year ended 28 February 2019. providing unique products and services that address the pain raising new risks, cyber threats and data breaches will need to be Board Chairman points for our customers and I would like to thank each of them for mitigated.
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REVIEWED ABRIDGED FINANCIAL STATEMENTS for the six months ended 31 August 2018 STEWARD BANK LIMITED 1795/ PAGE 1 LIMITED 1795/ PAGE BANK STEWARD HIGHLIGHTS US$8,5m PAT US$9.3m H COST TO 103 US$4.8m Net Operating 82 INCOME 123 2 RATIO Tier 1 Capital Growth from Prior year NNINTEREST IIIT Income US$75.5m Strong growth in net interest INCOME RATI 2018 2017 inome, as well as More than double the transactional-based revenue minimum regulatory 2 US$19m in line with strategi intent 3 H NET INTEREST INCOME ratio of 30% CHAIRMAN’S STATEMENT position as a net importer of goods and services. Inflation rose to grew by 14 percentage points from 68% in prior year to 82% in the the top five banks in the Country. We are truly blessed to have an 4.29% in July 2018, up from 2.91% reported in June 2018. Access to period under review. Following a clean-up of our loan portfolio in energetic team of talented and motivated individuals who represent Introduction cash remained a challenge although this has resulted in a significant the past few years, the Bank managed to reduce the Non-Performing the organisation with passion and professionalism on a daily basis. For the six months ended 31 August 2018, Steward Bank delivered increase in electronic transactions which are now estimated to Loans (NPL) ratio to 5% in the period under review, from 12% reported another strong financial performance recording double digit growth account for 96% of the total transactions in the country.
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