Absa's first-half profit up 19%
Absa Group reported a better-than-expected 19% rise in first-half profit helped by a decline in bad loan charges and rising income from transactions.
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Nedbank's first-half profit jumps on higher fees
Nedbank Group has reported a 26% rise in first-half profit, which was helped by a drop in bad debts and its push to boost revenue from fees.
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SA banks to post little real first-half growth
Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.
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Absa profit before tax down 19% in Q1
Absa's profit before tax decreased by 19% to R1,481-billion in the first quarter of 2011 from R1,832-billion in the first quarter of last year.
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