Standard Chartered Bank Ghana PLC has reinforced its dedication to shareholder value and long-term sustainable growth with the declaration of a total dividend payout of GH¢227.94 million at its 55th Annual General Meeting (AGM).
The event, which took place in Accra, offered stakeholders a transparent and comprehensive overview of the Bank’s 2024 performance and strategic outlook.
At the heart of the AGM was the announcement of a final dividend of GH¢1.67 per ordinary share, translating to a total ordinary dividend of GH¢225.16 million. In addition, the Bank approved a preference share dividend of GH¢2.77 million. This combined payout of GH¢227.94 million highlights the Bank’s strong financial position and its unwavering commitment to reward shareholders even amid challenging economic conditions.
This dividend declaration underscores Standard Chartered’s consistent delivery of value and affirms investor confidence in the Bank’s prudent risk management, capital preservation, and operational resilience.
Reaffirming Commitment to Sustainability and Shareholder Value
Addressing shareholders at the AGM, Board Chairman Ebenezer Twum Asante emphasized the Bank’s long-term strategic direction. He noted that Standard Chartered’s strong foundation, proactive risk approach, and resilience in a fluctuating macroeconomic environment enable it to stay focused on priorities that yield sustainable value.
“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.”
Ebenezer Twum Asante
He reiterated the Bank’s commitment to high standards of corporate governance and strategic agility in managing both local and global economic challenges. According to him, such a disciplined approach has helped ensure operational resilience and continued growth.
Standard Chartered Bank Ghana’s Chief Executive Officer, Mansa Nettey, echoed the sentiment of long-term commitment, underscoring innovation and inclusive growth as central pillars of the Bank’s strategy.
“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.”
Nettey also touched on the Bank’s client-centric model, stating that Standard Chartered remains deeply engaged with clients and committed to helping them achieve future success. “Our priorities remain clear: to enhance client service, deliver strong shareholder returns, and contribute meaningfully to the communities we serve,” she added.
Strategic Focus on Corporate and Retail Banking
With a rich history spanning 129 years in Ghana, Standard Chartered continues to leverage its heritage and strengths to expand its footprint. At the AGM, executives highlighted the Bank’s renewed focus on expanding integrated and differentiated cross-border services through its Corporate and Investment Banking (CIB) division.
At the same time, its Wealth and Retail Banking unit is set to drive growth by offering innovative wealth management solutions tailored to the needs of Ghana’s growing affluent segment. This dual strategy underscores the Bank’s adaptability and forward-looking posture in a competitive financial landscape.
Standard Chartered Bank Ghana’s performance in 2024 was marked by a balanced approach to risk and return, strong capital adequacy, and operational efficiency. These fundamentals enabled the Bank to sustain momentum, deliver dividends, and meet shareholder expectations despite ongoing global and local economic uncertainties.
With a presence on both the Ghana Stock Exchange and globally on the London and Hong Kong Stock Exchanges, Standard Chartered’s brand continues to reflect excellence, credibility, and strong governance practices.
As part of a leading international banking group operating in 52 markets worldwide, Standard Chartered Bank Ghana remains committed to its global brand promise: Here for good. The Bank’s leadership made it clear during the AGM that the road ahead will be driven by purpose-led banking, focusing on long-term profitability, sustainability, and impactful engagement with communities.
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