Standard Chartered Bank Ghana PLC declared a total dividend payout of GH¢227.94 million to its shareholders during its 55th Annual General Meeting (AGM) held in Accra. The meeting also presented the Annual Report and Financial Statements for the fiscal year ending December 31, 2024.
The dividend distribution consists of GH¢1.67 per ordinary share, totaling GH¢225.16 million, alongside GH¢2.77 million in preference share dividends. This payout underscores the Bank’s commitment to creating long-term shareholder value amidst a dynamic macroeconomic environment.
At the AGM, Chairman of the Board, Ebenezer Twum Asante, emphasized the bank’s strong foundation and proactive risk management approach. He highlighted the institution’s resilience in navigating economic challenges and reaffirmed its focus on sustainable growth. “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,” he stated.
Asante further stressed the firm adherence to high standards of corporate governance and agile risk mitigation in response to evolving economic and geopolitical uncertainties. These strategies aim to ensure operational resilience and positive outcomes for stakeholders.
Chief Executive Officer Mansa Nettey echoed the commitment to long-term value creation, emphasizing the importance of innovation, agility, and inclusive growth. “We will continue to execute our strategic priorities within our risk appetite to enhance our resilience against external shocks while driving sustainable growth,” she said.
Nettey highlighted the bank’s client-centric approach, focusing on improving service delivery, generating strong shareholder returns, and contributing to community development. She also underscored Standard Chartered’s 129-year heritage in Ghana as a cornerstone for leveraging key capabilities, particularly through integrated cross-border Corporate and Investment Banking services and tailored wealth management solutions targeting the affluent segment.
“Our balanced approach to risk, returns, and strategic priorities has been instrumental in delivering the bank’s robust performance this year,” Nettey concluded.
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