Wednesday 21 November 2018 ,
Wednesday 21 November 2018 ,
Latest News
  • 4 ‘drug peddlers’ killed in separate ‘gunfights’
  • RAB conducts drive at Jehnaidah ‘militant den’; Youth held
  • Don’t talk to media on voting day
  • 50 killed by suicide bomber in Afghan capital
  • Tarique joins interview board through video conference
3 August, 2017 00:00 00 AM
Print

Standard Chartered profits leap 93pc in Q1

AFP

AFP, HONG KONG: Asia-focused bank Standard Chartered yesterday said pre-tax profits were up 93 per cent in the first half of the year as it continues to rally after job cuts and restructuring.

But it stopped short of paying interim dividends, with chairman José Viñals saying more clarity was needed on the impact of global regulatory reforms which are still under consideration.

The bank swung back to profit in 2016 after scoring its first annual loss for over a quarter of a century in 2015 as it struggled to cope with the effect of bad debts. Results in the six months to June showed underlying pre-tax profit of $1.9 billion, up from $994 million year-on-year. Net profit almost doubled to $1.2 billion from $580 million in the same period a year ago.

Underlying loan impairments were at $583 million, down from $1.1 billion.

Comments

Poll
Today's Question »
Do you support the BNP demand for action against EC secy, DMP chief and two other govt officials over the recent Nayapaltan clash between BNP men and cops?
 Yes
 No
 No Comment
Yes 92.4%
No 3.2%
No Comment 4.5%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
010203
04050607080910
11121314151617
18192021222324
252627282930

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting