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Standard Bank posts leaner annual earnings growth

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Lender, Standard Bank released its annual results on Thursday posting a 7% rise in headline earnings - with the group's rest of Africa operations leading gains while South Africa lags with a weaker than expected economy and higher taxes weighing on confidence and demand for credit.
The company's ICBC joint venture in the meantime recorded a loss of nearly 15 million dollars and will need a capital injection of just over one billion rand.

Standard Bank CEO Sim Tshabalala talks to Business Day TV about the company's full-year earnings and what it suggests for its growth trajectory.
7 Mar 2019 1AM English South Africa Business · Business News

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