Standard Chartered PLC

STAN: XLON (GBR)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
GBX 794.00YmbcsQppqcdqz

Standard Chartered's Q3 Result Solid on Improving NIM

As expected, Standard Chartered’s strong third-quarter result was underpinned by higher interest income in a rising interest rate environment. Income increased by 15% to USD 4.3 billion while good cost control saw underlying profit before tax increasing 32% to USD 1.4 billion.

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