Standard Bank posted a strong financial performance for its full-year to end-December, delivering 14% growth in headline earnings, while return on equity improved to 17.1% from 15.3% in 2016. But revenue growth remained subdued, indicating that it has not been an easy year for the group. But this is still well above the 2.2% rise Nedbank reported and the 4% decline announced by Barclays Africa. Standard Bank has declared a final dividend of R5.10, which takes the total dividend to R9.10 — a 17% jump on the previous year’s payout. Standard Bank CEO Sim Tshabalala spoke to Business Day TV about the group’s full-year results. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now