Standard Bank looks to Africa for growth

PUBLISHED: Thu, 08 Aug 2019 15:14:15 GMT


Africa’s largest lender by assets Standard Bank is reporting a 5 per cent rise in first-half profit. Headline earnings per share came in at an improved 837.4 cents, up from last year’s 794 cents. CNBC Africa’s Kopano Gumbi spoke to Chief Executive, Sim Tshabalala about the growth, exiting Argentina and does SA need an IMF bailout.

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