Standard Chartered Ghana (StanChart Ghana) ended 2020 with a strong performance recording a profit growth of 41 percent on a year-on-year basis.
Profits recorded by the bank at end-December 2020, stood at Ghs 478 million as against the Ghs 281 million profit recorded end-December 2019.
The boost in the bank’s profit for the year under review, per norvanreports perusal of StanChart’s 2020 Audited Financial Statements, is attributed to a surge in the bank’s operating income from a previous figure of Ghs 853 million end-2019 to a little over Ghs 1 billion end-2020.
Peruse below details of the bank’s financial statement: