SA's Nedbank Group says on track to meet annual profit outlook

  • Reuters
  • Stock Market News
SA's Nedbank Group says on track to meet annual profit outlook
Credit: © Reuters.

Dec 2 (Reuters) - South Africa's Nedbank Group NEDJ.J said on Wednesday it was on track to meet its annual outlook for headline earnings per share, which it had previously said would decline my more than 20%.

Nedbank, one of the country's top four lenders, said net interest income growth for the ten months to October declined from the levels it reported in the first-half and large corporate defaults remains a risk to its outlook.

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