State-owned development finance institution Development Bank of Southern Africa (DBSA) has reported a record R3.8-billion net profit for the financial year ended March 31, showing a profitability increase of more than 168% from R1.4-billion in the previous financial year. “Our stellar financial results are truly meaningful when looked through the lens of lives impacted by the bank. Driven by a concerted effort to bend the arc of history towards shared prosperity, we are pleased that the end of the 2021/22 financial year came with improved livelihoods for many of our citizens,” said DBSA CEO Patrick Dlamini said on August 19.