Standard Chartered Bank Ghana PLC has held its 55th Annual General meeting (AGM) to present its Annual Report and Financial Statements for the year ended 31 December 2024 to its shareholders.
The Bank declared a dividend payout of GH¢1.67 per ordinary share culminating in a total ordinary dividend payable of GH¢225.16 million and preference share dividend of GH¢2.77 million resulting in a total payout of GH¢227.94 million.
The Bank reaffirmed its commitment to building a sustainable business and delivering long-term value to shareholders in an evolving macroeconomic environment.
Chairman of the Board of Directors, Ebenezer Twum Asante, highlighted the Bank’s strong foundation, proactive approach to managing risks and resilience in the face of economic headwinds, underscoring its ability to adapt while staying focused on long-term priorities.
He said “Standard Chartered is well-positioned with a robust business model, a trusted global brand and a highly dedicated team. We are confident in our ability to unlock shareholder value and drive sustained growth in this dynamic environment”.
“We remain committed to practising high standards of corporate governance, proactively managing risks amid persistent evolving macroeconomic and global geopolitical risks, ensuring operational resilience to deliver positive outcomes”. He added.
Chief Executive, Mansa Nettey, reiterated the Bank’s commitment to long term value, noting the importance of innovation, agility and inclusive growth.
“We will continue to execute our strategic priorities within our risk appetite, aimed at enhancing our ability to withstand external shocks while driving strong, safe and long-term sustainable growth”.
“As a bank, we remain deeply engaged with our clients, helping them position themselves for future success. Our priorities remain clear: to enhance client service, deliver strong shareholder returns, and contribute meaningfully to the communities we serve”. She added.
Given its rich history and heritage spanning 129 years of operating in Ghana, the Bank will continue to leverage its key capabilities to drive business growth focusing on driving integrated differentiated cross-border capabilities through the Corporate and Investment Banking business backed by a strong network and leading wealth management solutions tailored to a growing affluent segment within the Wealth and Retail Banking business.
The Bank’s performance reflects a balanced approach to risk, returns and strategic long-term value. Strong capital adequacy and operational efficiency underpinned its ability to sustain momentum and meet shareholder expectations.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
