Nedbank Namibia FY '21 Results
Nedbank Namibia (NEDN, not listed) released a short-form results statement in the media yesterday. The results are for the twelve-month period ending 31 Dec ’21. Similar to its 1H ’21 results, NEDN reported significant earnings growth to the tune of 75.4%. The growth in earnings is largely attributed to a 44.8% decrease in impairment and provisioning charge.
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