Tag: Standard Chartered Bank
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Banks charged between 14%-42% on loans from Jan-Oct. 2019 – BOG
Available data from the Bank of Ghana indicates that banks in the country charged as low as 14 percent as interest for loans given to households from January to October this year. 42 percent also happens to be the highest interest rate charged for loans given to households over the same period. These were captured…
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Stanchart Ghana to pay GH¢140m dividend to shareholders next year
Standard Chartered Bank has announced Friday, March 30, 2020, for the payment of dividend to its preference shareholders. In a notice published in today’s newspapers, the bank announced the payment of dividend to its preference shareholders for the period of six months to March 2020. In June this year, the bank declared a dividend of…
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Ghana, 2 other countries named rising stars of global trade
Ghana together with neighbouring Côte d’Ivoire have been named have named as markets that have most rapidly improved trade growth potential over the past decade, according to new research from Standard Chartered. The Trade20 index, which identifies the 20 rising stars of trade, places Côte d’Ivoire in the top spot of African markets, and Kenya…
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Henry Baye appointed Standard Chartered Bank CEO in Jersey
Standard Chartered Bank has appointed a new Chief Executive Officer in Jersey, subject to regulatory approval. The Bank says Henry Baye brings with him 22 years’ experience across Distribution, Wealth Management and Personal Lending. Most recently he was Head of Retail Banking, Ghana and West Africa. Commenting on his new role, he said: “Our Jersey…
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StanChart Bank appoints Ebehijie Momoh as Head of Retail Banking
Standard Chartered Bank Ghana Limited has announced the appointment of Ebehijie Momoh as Head of Retail Banking. She replaces Henry Baye who has been appointed Chief Executive of Standard Chartered, Jersey. Ebehijie joined the bank in 2011 and brings extensive experience to this role, with a career spanning over 26 years across Retail, Corporate and…
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Standard Chartered donates to the Accra Rehabilitation Centre
The staff of Standard Chartered last Friday undertook a clean-up exercise at the Accra Rehabilitation Centre and also donated assorted items for the upkeep of the students at the Centre. Commenting on the essence of the initiative, Asiedua Addae, Head of Corporate Affairs, Brand and Marketing said the outreach was part of activities to mark the…
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Standard Chartered awarded Digital Bank of the Year
Standard Chartered Bank Ghana Limited, has for the second consecutive year been named the Digital Bank of the Year at the Ghana Information and Technology Awards (GITTA). This is an affirmation of the Bank’s leading role in digitisation. In 2015 the Bank increased investment in digital platforms to meet its client needs through an enhanced end-to-end…
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StanChart, Ghana Commodity Exchange sign MoU to assist farmers
Standard Chartered Bank Ghana Limited and the Ghana Commodity Exchange (GCX) signed an MOU to support Ghanaian farmers through access to financing and capacity building. The signing ceremony took place at the premises of the Ghana Commodity Exchange (GCX) in Accra. In his address, the CEO of GCX Dr. Kadri Alfah expressed his excitement to…
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Stanchart pays GH¢140 million in dividends for 2018
Shareholders of Standard Chartered bank have voted to approve a dividend per share of 1 cedi 4 pesewas for 2018. This represents 7 percent drop compared to the 1 cedi 12 pesewas dividend per share approved in 2016. The total dividends for last year amounted to 140 million cedis. The Board Chairman of Standard Chartered…
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Local suppliers in petroleum upstream sector cry over high cost of credit
Local suppliers in the Petroleum Upstream sector are asking commercial banks to review downwards the cost of credit. The companies complain most of the banks charge relatively higher rates on loan packages which affect their returns. The local suppliers in the Petroleum Upstream sector are businesses that provide various services to major oil companies that…