Audio By Carbonatix
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.
Latest Stories
-
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
48 minutes -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion
2 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
2 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
2 hours -
Kind Hearted Beings Charity spreads joy during festive season
2 hours -
Gun Amnesty: Take advantage before it expires on January 15 – Interior Ministry
2 hours -
KNUST College of Engineering deepens industry partnerships to drive innovation and national development
3 hours -
Mammoth crowd turned up for 2025 edition of Joy FM’s Family Party in the Park
3 hours -
NDC can’t change the constitution alone – Minority MPs hold key role, says Barker-Vormawor
3 hours -
Parents of Persons with Disabilities call for affordable rehabilitation services
3 hours -
Barker-Vormawor urges President Mahama to lead constitutional reform implementation
3 hours -
Dr Nyaho Nyaho-Tamakloe calls for abolition of ex gratia payments, excessive benefits for public officeholders
4 hours -
Dr Nyaho Nyaho-Tamakloe backs review of presidential immunity provisions in Ghana’s constitution
4 hours -
Dr Nyaho Nyaho-Tamakloe opposes presidential term extension
4 hours -
Dr Nyaho Nyaho-Tamakloe: On Ghana’s constitution review and the future of democratic governance
4 hours
