Standard Bank CEO Sim Tshabalala says the bank has made good strategic and financial progress towards its 2025 commitments. One of its financial targets is revenue growth of 7% to 9% a year, with revenue from new business models growing more quickly than those from insurance, banking and investment.
Preprovision operating profit, driven by strong revenue growth, grew by 20%. Net fees grew 10%, supported by a larger client base and increased activity.eadline earnings increased by 30% and ROE improved to 14.2%. Revenue saw double digit growth, boosted by a strong trading performance and an ongoing recovery in activity-related fees . Customer numbers grew by 8%, moving to 10.5 million.
About 50% of Standard Bank’s business and commercial clients are now using the bank’s digital channels. The high-net-worth consumer category has seen an 18% growth in platform customers and a 25% increase in digital transactions to more than 240 million.
Still not my favourite. Their work ethics, policies and culture sucks.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
WARREN BUHAI: While companies are making record margins equities are in for tough timesBoth government stimulus and pricing power amid disrupted supply chains have run their course
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »