2026-08-13 15:02
Standard Bank hits record R26.1bn earnings as Africa drives growth
Standard Bank has posted record headline earnings of R26.1 billion for the first six months of 2026, as strong client activity, higher non-interest revenue, and lower credit losses helped the banking giant lift its return on equity to 19.8%.In the results for the six months which ended in June 30, this represents a 10% increase in headline earnings compared with the same period last year. It put the group comfortably within its 2028 target range of between 18% and 22% return on equity.Sim Tshabalala, Standard Bank Group CEO said the bank continues to offer an access gateway to diversified...
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