Farai Mabeza, Senior Staff Writer 
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STANDARD Chartered Bank has reported an inflation adjusted profit after tax of $517,6 million for the half year ended June 30, 2021 up from $382,8 million as revenue grew by 49 percent, underpinned by growth in both interest and non-funded income.
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Standard Chartered chairman, Lovemore Manatsa, said the operating environment which he described as challenging had been exacerbated by the Covid-19 pandemic which caused a decline in economic activity due to lockdown measures implemented as part of efforts to slow down infections.
He however was bullish on the bank’s current position.
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