{"id":6882,"date":"2021-02-25T10:16:47","date_gmt":"2021-02-25T04:46:47","guid":{"rendered":"https:\/\/expertnews.in\/stanchart-profit-falls-57-as-covid-19-inflates-bad-loans\/"},"modified":"2021-02-25T10:16:47","modified_gmt":"2021-02-25T04:46:47","slug":"stanchart-profit-falls-57-as-covid-19-inflates-bad-loans","status":"publish","type":"post","link":"https:\/\/expertnews.in\/hi\/stanchart-profit-falls-57-as-covid-19-inflates-bad-loans\/","title":{"rendered":"StanChart profit falls 57% as COVID-19 inflates bad loans"},"content":{"rendered":"<p> <br \/>\n<br \/>By Alun John and Lawrence White HONG KONG\/LONDON (Reuters) &#8211; Standard Chartered PLC (StanChart) on Thursday posted a 57% fall in annual profit, missing analyst estimates, on higher credit impairments due to the COVID-19 pandemic. StanChart, which earns the bulk of its revenue in Asia, posted a pretax profit of $1.61 billion. That compared with [&#8230;]<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.globalbankingandfinance.com\/stanchart-profit-falls-57-as-covid-19-inflates-bad-loans\/\">Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>By Alun John and Lawrence White HONG KONG\/LONDON (Reuters) &#8211; Standard Chartered PLC (StanChart) on Thursday posted a 57% fall in annual profit, missing analyst estimates, on higher credit impairments due to the COVID-19 pandemic. StanChart, which earns the bulk of its revenue in Asia, posted a pretax profit of $1.61 billion. That compared with [&hellip;]<\/p>","protected":false},"author":1,"featured_media":6883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[40],"tags":[],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/expertnews.in\/wp-content\/uploads\/2021\/02\/1614229104_StanChart-profit-falls-57-as-COVID-19-inflates-bad-loans.jpg?fit=750%2C554&ssl=1","jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v15.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/expertnews.in\/hi\/stanchart-profit-falls-57-as-covid-19-inflates-bad-loans\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StanChart profit falls 57% as COVID-19 inflates bad loans - Expert News\" \/>\n<meta property=\"og:description\" content=\"By Alun John and Lawrence White HONG KONG\/LONDON (Reuters) &#8211; Standard Chartered PLC (StanChart) on Thursday posted a 57% fall in annual profit, missing analyst estimates, on higher credit impairments due to the COVID-19 pandemic. StanChart, which earns the bulk of its revenue in Asia, posted a pretax profit of $1.61 billion. 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