Corporate deals props Stanchart loan book
Thursday, August 14, 2014
Commenting in the published financial results for the half-year ended June 30, 2014, Standard Chartered chief executive, Moatlhodi Lekaukau, said their financial position continues to strengthen with loans to customers increasing by 27 percent to P7.1 billion. Adding to the good returns are deposits from non-bank customers that rose by 24 percent to P9.5 billion.
The bank introduced the new ‘One Bank’ strategy with a refined organisational structure that concentrates on retail clients and corporate and institutional clients. Lekaukau said this strategy has allowed the bank to bring more focus to specific client segments and appropriately serve their needs.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...