Nedbank has announced a modest rise in its interim earnings for the six months ending June 30, despite challenges from higher credit impairments. The financial institution reported a slight increase in headline earnings, growing by 0.1% to R8.405 billion compared to R8.399 billion in the same period the previous year. This growth came alongside a 6% increase in revenue, which reached R38.2 billion. The bank also noted an improvement in earnings per share, with headline earnings per share rising 2% to R18.41 and diluted headline earnings per share increasing by the same margin to R18.03. The results reflect the bank’s efforts in managing costs effectively while navigating the pressures of a challenging economic environment. (sundayworld.co.za)