Black Banx reports 2024 profit before tax of USD 3.6 billion and USD 2.9 billion of proposed capital distributions to shareholders
Road Town, BVI: February 05, 2025: Black Banx today announced a record full-year 2024 profit before tax of USD 3.6 billion, surpassing its revised forecast of USD 3.2 billion and marking a significant increase from USD 2.4 billion originally projected for the year. For the fourth quarter of 2024, Black Banx posted a profit before tax of USD 1.3 billion, driven by strong revenue growth, increased client acquisition, and enhanced operational efficiency based on the implementation of artificial intelligence.