Rest of Africa helps Standard Bank earnings jump as much as 28%
Big Blue has also benefited from high interest rates, which boosted its lending margins
28 February 2024 - 17:52
Standard Bank expects its earnings to jump as much as 28% in the year to end-December from the same period a year earlier, driven by the high interest rate environment.
Africa’s largest bank by assets said in a trading update on Wednesday that its headline earnings per share (HEPS) would rise to between R25.22 and R26.25 from R20.50...
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