Browsing: Standard Bank (SBKJ.J)

Standard Bank's Interim Profit

Standard Bank defies tough environment, half-year profit rises to $1.14B

Banking

Standard Bank, Africa’s largest lender by assets, reported a remarkable surge in interim profit, demonstrating resilience in the face of adversity. The bank’s prudent approach and high-interest rates acted as countermeasures against escalating bad loans, resulting in a notable boost in profitability.…