UPDATE 2-Standard Bank posts flat profit as problem ICBCS venture drags
Standard Bank,
Africa’s largest lender by assets, posted flat full-year profit
on Thursday, as losses deepened to $248 million at its
struggling London-based joint venture with Industrial and
Commercial Bank of China (ICBC).
Africa’s largest lender by assets, posted flat full-year profit
on Thursday, as losses deepened to $248 million at its
struggling London-based joint venture with Industrial and
Commercial Bank of China (ICBC).
Posted by Reuters
