BRIEF-Standard Chartered Reports FY Underlying Profit Before Tax Up 8% To $4.2 Bln

Feb 27 (Reuters) - Standard Chartered:

* FY UNDERLYING PROFIT BEFORE TAX UP 8% TO $4.2BN

* PROPOSED FINAL ORDINARY DIVIDEND PER SHARE OF 20C

* LOWER INTEREST RATES, SLOWER GLOBAL GROWTH, SOFTER HK ECONOMY, CORONAVIRUS TO RESULT IN 2020 INCOME GROWTH BELOW MED-TERM TGT RANGE

* NOW BELIEVE IT WILL TAKE LONGER TO ACHIEVE ROTE TARGET OF 10% THAN PREVIOUSLY ENVISAGED Source text for Eikon: Further company coverage: