Standard Bank Group chief executive Jacko Maree
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South Africa's Standard Bank bucks global trend

While European banks continue to struggle with mistakes of the past, Africa's banks are facing a brighter future.

South Africa's Standard Bank has reported a 9% rise in profits for the first half of this year boosted by an increase in its lending business.

Standard Bank Group chief executive, Jacko Maree, explained how mobile phones had revolutionised banking in Africa.