Nedbank, the country’s fourth-largest bank by assets, expects to double earnings for the period ending in June 2021 as improved bad debt expenses and lending margins lift income affected by the pandemic last year.
In a trading statement released on Wednesday, Nedbank said headline earnings per share , which strips out exceptional items, would be greater than R8.76 per share, aided by a stronger-than-expected economy...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Presumably charges for customers will also double...
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Nedbank expects interim earnings to doubleUpbeat trading statement points to better-than-expected bad debt expenses and improving lending margins
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
Banks gear up for China-Hong Kong cross-border investment linkPlan is expected to earn global banks $500m a year in fees
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »