Standard Chartered bank annual net profit climbs 12%
Hong Kong - AFP
Standard Chartered bank on Wednesday posted net profit of 3.53 billion euros ($4.75 billion) in 2011, up 12 percent thanks to record operating income of $17.64 billion. In a notification to the Hong Kong stock exchange, the London-based but Asia-focused bank said its annual profit before tax came to $6.78 billion, up 11 percent over the previous year.
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