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Standard Bank slips as it warns of currency pressure

Summary by News24
Shares of Standard Bank slipped 2% on Monday after Africa's largest bank by assets warned that currency devaluations on the continent, and recently a stronger rand, have diluted its performance.

3 Articles

Business LiveBusiness Live
Lean Right

Standard Bank says two-pot payouts are not reducing debt

Currency headwinds in rest of Africa portfolio stronger than initially expected, says bank

·Johannesburg, South Africa
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News24News24
Center

Standard Bank slips as it warns of currency pressure

Shares of Standard Bank slipped 2% on Monday after Africa's largest bank by assets warned that currency devaluations on the continent, and recently a stronger rand, have diluted its performance.

·South Africa
Read Full Article
Netwerk24Netwerk24

Network24 | Another technical drama hits Standard Bank

Thousands of Standard Bank customers were unable to access online services or even complete card payments on Monday morning.

Read Full Article
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Netwerk24 broke the news in on Monday, December 2, 2024.
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