JOHANNESBURG Aug 16 (Reuters) – South Africa’s Standard
Bank sees full-year costs rising to 39.5 billion rand
($4.80 billion), Africa’s biggest bank said in a presentation
following its first-half earnings results.
Shares of Standard Bank were down nearly 2.9 percent after
the lender reported a slim rise in first-half profit and warned
it expected a lean second half.
($1 = 8.2248 South African rand)
(Reporting by David Dolan; Editing by Pascal Fletcher)
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