Standard Bank Posts Record Profit Amid US-Iran War Fallout

Standard Bank Posts Record Profit Despite US-Iran War Fallout

Standard Bank profit jumps 10% on fee, trading growth and lower impairments

Standard Bank Posts Record Profit Amid US-Iran War Fallout

Standard Bank Group Ltd. said first-half profit rose to a record as Africa’s biggest bank by assets navigated the inflationary and monetary-policy effects of the war in the Middle East that’s stoked inflation and weighed on its clients’ confidence.

Finance ministry’s N$2bn facility lifts Standard Bank loan book 17.4% – Windhoek Observer

CHAMWE KAIRA SBN Holdings Limited’s loan book included a N$2 billion facility extended to the ministry of finance in support of the Eurobond redemption programme, contributing to a 17.4% increase in gross loans and advances to customers to N$29 billion for the six months ended 30 June 2026. Excluding the facility, underlying customer loan growth was 9.3%, SBN Holdings, the parent company of Standard Bank Namibia, said in its interim results. Cor…

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 (ROE) 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 targe…