Standard Chartered Achieves Highest Pre-tax Profit in a Decade,$1.3bn

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Sunil Kaushal, CEO of Standard Chartered for Africa and the Middle East (AME), celebrates the bank’s achievement of $1.3 billion in annual profit, the highest in a decade.

This milestone underscores the bank’s commitment to client success and strategic growth initiatives, solidifying its position as the group’s fastest-growing region.

The 2023 Strategic Report reveals significant growth across diverse metrics, including a 66% increase in underlying profit before tax, strong border income growth, and an improved cost-to-income ratio.

Standard Chartered continues to focus on providing valuable investment opportunities, driving growth in its international banking proposition, and leading in the transition to net zero across the region.

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