Investec posts 9.1% rise in full-year profit
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Cumesh Moodliar, CEO of Investec Bank, discusses the company's annual financial results with host Bruce Whitfield. The bank, which has operations in Britain and is listed on the London Stock Exchange, reported a 9.1% increase in full-year profit and declared a final dividend of 19 pence per share. This positive performance was bolstered by a customer base primarily consisting of affluent private clients who are better equipped to manage inflationary pressures and high interest rates. See omnystudio.com/listener for privacy information.
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