Accra: Standard Chartered Bank Ghana PLC has announced a total dividend payout of GHS227.94 million to its shareholders at its 55th Annual General Meeting (AGM) held in Accra. The meeting was convened to present the bank's Annual Report and Financial Statements for the year ending December 31, 2024.
According to Ghana News Agency, the dividend payout includes GHS1.67 per ordinary share, totaling GHS225.16 million, alongside GHS2.77 million in preference share dividends. The bank reiterated its commitment to building a resilient and sustainable business that provides long-term value amidst changing macroeconomic conditions.
Mr. Ebenezer Twum Asante, Chairman of the Board of Directors, highlighted the bank's strong foundation and proactive risk management strategies, emphasizing Standard Chartered's resilience against economic challenges. He noted the bank's robust business model, global brand recognition, and dedicated team as key factors in its ability to unlock shareholder value and sustain growth.
Mr. Asante further affirmed the bank's adherence to strong corporate governance and focus on operational resilience amid global uncertainties. The bank's Chief Executive, Mrs. Mansa Nettey, emphasized their commitment to driving long-term value through innovation, agility, and inclusive growth. She highlighted strategic priorities that would enhance the bank's ability to withstand external shocks while pursuing sustainable growth.
Mrs. Nettey explained that the bank aims to deepen client engagement and support their future success by enhancing client service, delivering shareholder returns, and contributing to the communities they serve. With 129 years of operations in Ghana, Standard Chartered is focused on sustaining business growth through its Corporate and Investment Banking and providing tailored wealth management solutions for the affluent segment.
The bank's performance, as noted by the Board, reflects a balanced approach to risk, returns, and strategic value creation, underpinned by strong capital adequacy and operational efficiency. Standard Chartered Bank Ghana PLC, listed on the Ghana Stock Exchange, is part of a global banking group operating in 52 markets, committed to its brand promise: 'Here for good.'
