Earnings Up For Africa's Largest Lender - Presented by: The Aol. On Network

Standard Bank Group, Africa's largest lender, reported an 11 percent rise in first-half earnings on Thursday as strong loan growth helped offset a spike in bad debt charges. South African banks are battling sustained low interest rates, anemic economic growth and a competitive lending market, and have been posting higher credit impairment for the first half as borrowers in Africa's largest economy struggle under enormous debt.



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