StanChart Q3 profit jumps 40%

Reuters Updated - October 26, 2022 at 10:06 AM.

Standard Chartered posted a 40% increase in quarterly profit, as the bank benefited from a sharp rise in net interest income on higher interest rates.

The lender, which earns most of its revenue in Asia, said statutory pre-tax profit rose to $1.39 billion in the three months to September 30 from $996 million a year earlier.

Published on October 26, 2022 04:36

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