Posts Tagged ‘International Financial Reporting Standard’
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Stanbic Bank Profits Fall By Half Despite Rise In Income

There may be more troubles ahead for shareholders of Stanbic IBTC Holdings Plc, following the submission of the group’s un-audited accounts showing that nine-month profits fell by almost half, despite a 10 per cent rise in earnings income. The group was heavily impacted by the huge 521.3 per cent increase in loan loss expenses, in […]