Standard Bank reports 8% increase in first-quarter earnings

Standard Bank Group says earnings attributable to shareholders were 8% higher in the three months to end-March compared to a year before thanks in part to “strong growth” in the rest of Africa.

“In contrast, the Africa regions businesses, outside of SA, recorded strong growth. Net interest income growth was supported by year-on-year loan growth.”However, operating costs rose because of branch closures, while credit impairment charges were higher.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Business Maverick: S. Africa Reserve Bank Says Too Early to Claim Inflation WinSouth Africa’s central bank says it’s premature to claim victory in the war against inflation and sees price growth stabilizing at 4.5 percent only by the end of 2021.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »