Top African lender Standard Bank has ruled out funding all new coal-fired power plants and most oil-fired plants as part of plans to reach net zero-emissions by 2050, but campaigners said it could. | March 16, 2022
Standard Bank, Africa's largest by assets, is aiming for a return on equity (ROE) - a key measure of profits - of up to 20% by 2025 as it looks to transform into a platform for services beyond banking, it said on Friday.
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