Africa’s largest bank by assets heaped additional provisions for bad debts into its full-year results as it steadied itself after a turbulent year that saw earnings almost halved and the full-year dividend fall by three-quarters.

Standard Bank said on Thursday headline earnings, the primary measure of performance that excludes one-off items, fell 43% to R15.9bn in the year to the end of December, while the bank reinstated the payment of dividends that on a year-on-year basis fell 76% to R2.40 per share...

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