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BRIEF-Standard Bank qtrly earnings attributable to ordinary shareholders up 16 pct
April 25, 2017 / 6:41 AM / 7 months ago

BRIEF-Standard Bank qtrly earnings attributable to ordinary shareholders up 16 pct

April 25 (Reuters) - Standard Bank

* Financial information provided to ICBC And update on the group’s operational performance

* In three months ended March 31, group’s banking operations performance saw benign credit performance and well managed costs, resulting in low double-digit earnings growth

* Qtrly earnings attributable to ordinary shareholders grew 16 pct period-on-period

* Impairment charges declined year-on-year

* Qtrly non-interest revenue declined year-on-year off a high base in 1Q16

* Group’s common equity tier 1 capital ratio remained in excess of our internal target range of 11 pct-12.5 pct Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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