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Business: Standard bank to avoid cheque issuance

Standard Bank announced on Wednesday it had determined to stop the issuing of cheques as of December 2020 following the a variety of restrict savings added by the South African Reserve Bank (SARB). The lender additionally stated the persisted reduction of cheque usage at some point of the Covid-19 lockdown duration as properly as the […]

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Standard Bank: We will not let climate groups dictate how the bank is run

Standard Bank, which has come under fire for continuing to fund new fossil fuel projects on the continent, says it will do proper diligence to ensure that the projects it invests in do not harm society – but it will not let climate groups dictate how the bank is run. Speaking at the banking group’s […]

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Business: Standard Bank sheds 5% on flagged profit decline

The Standard Bank Group share price declined by more than 5 percent on the JSE on Monday after the group flagged an earnings decline of more than 20percent as the Covid-19 outbreak continues to spook the global markets. The bank said that its headline earnings per share (Heps) and earnings per share (Eps) would tumble […]