Stanchart profits rise on turnaround strategy
Wednesday, March 29, 2017
Commenting on the results, the bank’s chief executive officer Moatlhodi Lekaukau said despite a challenging year, the initiatives they took to turn around and improve performance have realised significant gains.
“The group remained committed to delivering on medium term strategy into 2016 that was underpinned by people, service delivery, stronger control environment and employee banking. Collectively these have contributed to ensuring that our balance sheet remained resilient whilst creating value for our customers and stakeholders,” he said. In 2016, the bank’s income grew by three percent in the face of the challenging macroeconomic environment while performance was also impacted by a once-off significant impairment charge in retail banking.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...