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Standard Chartered
Source: Standard Chartered |

Standard Chartered Bank reports a record first quarter performance in the Africa, Middle East region

Income grew 11 per cent on a constant currency basis

Standard Chartered (www.SC.com) PLC (the Group) today released its financial results for the first quarter, ending 31 March, 2022. The Group delivered a strong performance in the first quarter of 2022 in volatile and challenging market conditions, with underlying profit before tax increasing 5 per cent on a constant currency…

Standard Chartered

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Source: Standard Chartered |

Standard Chartered Bank reports its highest operating profit since 2015 in the Africa and Middle East region

A significant turnaround in the UAE with a healthy Operating Profit of USD 242 million compared to a USD 110 million during the same period last year

Standard Chartered (www.SC.com) PLC (the Group) today released its financial results for the full year and fourth quarter ending 31 December 2021. See link here (https://bit.ly/3JzDaJP)   In the Africa and Middle East region, the Bank has recorded its highest Operating Profit since 2015. Performance Highlights: Broad-based growth and improvement…

Standard Chartered
Source: Standard Chartered |

Standard Chartered appoints Bongiwe Gangeni to lead Consumer, Private and Business Banking for Africa, Middle East, Europe region

Bongiwe will be based in Dubai when she joins the Bank in March 2022

Standard Chartered (www.SC.com) has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval. Bongiwe will be based in Dubai when she joins the Bank in March 2022. Bongiwe is joining Standard Chartered from Absa, where she spent…

Standard Chartered
Source: Standard Chartered |

Standard Chartered takes a stance on menopause in the workplace to further strengthen Bank’s inclusive culture

This approach is designed to enhance the company’s existing health and wellbeing policy for its 85,000-strong workforce in over 59 markets globally

To create a more inclusive working environment, Standard Chartered (SC.com) announced the launch of its first-ever dedicated menopause guidance for the Bank’s employees, coinciding with World Menopause Day.   The Bank announced it is taking a number of actions to make sure support and guidance around menopause is provided to all…

Standard Chartered
Source: Standard Chartered |

Increase investment in Africa or risk missing the UN’s Sustainable Development Goals deadline, new research finds

Africa is not getting the investment needed to help the world meet the UN’s Sustainable Development Goals (SDGs) by 2030, new research from Standard Chartered has revealed

A Standard Chartered (www.SC.com) survey conducted between July and August 2020, amongst a panel of the world’s top 300 investment firms with total assets under management (AUM) of more than USD50 trillion*, found that: Only 3 per cent of their AUM is invested in Africa Lack of investment in emerging…

Standard Chartered
Source: Standard Chartered |

Standard Chartered and Airtel Africa form partnership to drive financial inclusion across Africa

Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at enhancing the accessibility of financial services

Standard Chartered Bank (www.SC.com) and Airtel Africa have today announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Through the collaboration, Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at…

Standard Chartered
Source: Standard Chartered |

Standard Chartered appoints CFO for Africa and Middle East

Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region

Standard Chartered (www.SC.com) has today announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region. Most recently, Subhradeep was the CFO for Standard…

Standard Chartered
Source: Standard Chartered |

Standard Chartered appoints new Head of Corporate Finance for Africa and the Middle East

Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance

Standard Chartered (www.SC.com) has announced that Abbas Husain has been appointed Regional Head of Corporate Finance, Africa and the Middle East (AME). Bringing over nearly 24 years of banking experience, 17 years of which have been with Standard Chartered, Abbas has been leading one of the largest and most successful…

Standard Chartered
Source: Standard Chartered |

Standard Chartered donates USD11,8m for immediate COVID-19 relief efforts across Africa and the Middle East

The donations will contribute to programmes providing urgent medical support and the protection and education of vulnerable children

Standard Chartered (https://www.SC.com/) today announced donations totalling USD11,8 million to the Red Cross, UNICEF and local non-governmental organisations (NGOs) and Government Partners providing emergency relief in countries across Africa and the Middle East impacted by COVID-19. The donations will contribute to programmes providing urgent medical support and the protection and…

Standard Chartered
Source: Standard Chartered |

Joint Medical Store from Uganda inaugurates Standard Chartered’s US$1 billion financing programme to help tackle Covid-19

Ugandan NGO coverts facilities to help fight the virus

Standard Chartered (www.SC.com) announced today that Joint Medical Store, the Ugandan not-for-profit organisation, has become the first client to make a drawdown under the Bank’s US$1 billion financing commitment (https://bit.ly/2ynl92A) to help companies tackling Covid-19. JMS’ drawdown for US$2.2m on a loan facility will help them provide healthcare facilities and…