First half profits were in line with expectations, showing early signs of revenue recovery and asset quality stabilisation. However, the uncertainty on asset quality and regulation has led management to delay the resumption of a dividend payment.
02 Aug 2017
Delayed dividend resumption on regulatory and asset quality uncertainties
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Delayed dividend resumption on regulatory and asset quality uncertainties
Standard Chartered PLC (STAN:LON) | 671 0 0.0% | Mkt Cap: 17,534m
- Published:
02 Aug 2017 -
Author:
David Grinsztajn -
Pages:
2
First half profits were in line with expectations, showing early signs of revenue recovery and asset quality stabilisation. However, the uncertainty on asset quality and regulation has led management to delay the resumption of a dividend payment.