Share

Standard Bank sees H1 HEPS down 43% in tough market conditions

As we know, banks have been operating in a very uncertain and difficult environment. Adding pressure to the sector have been consumer financial constraints and cuts on interest rates. Standard Bank has reported a 43 per cent fall in headline earnings per share in the interim. However, the bank has left the door open for a final dividend. Standard Bank South Africa CEO, Sim Tshabalala joins CNBC Africa for more.

Thu, 20 Aug 2020 15:52:28 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.