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Black Banx Reports USD 639 Million Pre-Tax Profit and USD 2.1 Billion Revenue in the First Quarter of 2024

  • Written by Newsfile

Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Black Banx today announced a first-quarter 2024 profit before tax of $639 million. Results were positively impacted by higher revenues of $1.6 billion generated by the implementation of fixed monthly account maintenance fees for its 45 million customers. Black Banx's target ratios improved...

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