Standard Bank Profit Rises to Record on Fee Growth, Client Gains
Standard Bank Group Ltd., Africa’s biggest lender by assets, reported record profit as a growing client base bolstered fee and commission income, and as market volatility drove trading revenue.
By Adelaide Changole · Bloomberg Markets
Standard Bank Group Ltd., Africa’s biggest lender by assets, reported record profit as a growing client base bolstered fee and commission income, and as market volatility drove trading revenue.