Summary

Financial data from Eswatini's two major banks reveal varied performance and liquidity shifts over recent years. First National Bank Eswatini Limited reported an interim budgeted profit of 9.7 million dollars for the six-month period, marking a significant decline from the 34 million dollar figure seen previously. This reduction suggests a more cautious approach to managing expenses, with a notably lower non-interest portion of the budget. Similarly, Nedbank Eswatini Limited achieved a budgeted profit of 11.8 million dollars in the same timeframe, indicating a stronger operational position compared to the previous year. Both banks improved their liquidity ratios, with First National Bank's ratio rising to 103% and Nedbank's rising to 102%, reflecting stronger cash reserves relative to liabilities. The divergence in profitability highlights the competitive landscape for commercial banks in the African region, where First National Bank remains a prominent player.

Title

Eswatini Stock Exchange (ESE)

Description

Eswatini Stock Exchange (ESE) is located in Eswatini (Swaziland) and is regulated by the The Financial Services Regulatory Authority (FSRA).

Keywords

limited, results, notice, dividend, year, december, announcement, corporation, june, royal, sugar, interim, declaration, swazi, capital, empowerment, bank

NS Lookup

A 85.10.213.137

Dates

Created 2026-04-13

Updated 2026-04-13

Summarized 2026-04-14