StandchartMarch 11, 2022

Standard Chartered Bank 2021 Positive Profit After Tax Fueled by Increase in
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Standard Chartered Bank Zambia PLC (“the Bank”) hereby advises the Shareholders of the Company that the Earnings per Share for the twelve-month period ended 31 December 2021 is K0.21 compared to negative earnings per share of (K0.03) for the twelve-month […]

StandchartFebruary 21, 2022

Mainga Mukando Appointed as Independent Non- Executive Director at Standard Chartered Bank Zambia
Standard Chartered Bank Zambia has appointed Mainga Mukando as member of its Board of Directors, according to a SENS announcement from the Bank. In accordance with Section 3.59(a) of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules”), the Board of Directors (the “Board”) of Standard Chartered Bank Zambia PLC (“SCB” or the “Bank”) wishes […]

StandchartSeptember 27, 2021

Standard Chartered Bank Zambia Plc Records Subtle Improvement in Earnings Per Share
The listed Standard Chartered Bank Zambia Plc has advised shareholders that it expects an improvement in earnings, compared to the same period last year, when it reports its half year results for 2021, according to a statement from the Bank. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of […]

Banking, StandchartAugust 15, 2020

Standard Chartered Bank will not declare dividend: FY2020
When the board of Standard Chartered Bank Zambia meets with shareholders during the forthcoming e-AGM, they will be pushing forward a “No-Dividend” resolution, according to a SENS announcement from the bank. “Resolution 3 – Dividend: To approve recommendation from the Board of Directors not to declare a dividend for the year ended 31 December 2019“, […]

Banking, Stanbic, Standchart, ZANACO plcNovember 13, 2019

The Bankers Royal Rumble – Q3 2019
As the third quarter of the year comes to an end, management teams are strongly reviewing their strategies to determine how well they are performing against their annual budgets and whether they will meet their targets by year-end. The Bank of Zambia reports that GDP growth is at 2%, with inflation at 10.7% and MPR […]

Banking, StandchartSeptember 12, 2019

Topline shrinks, OPEX swells; Standard Chartered Bank 2019 half-year review
Contraction in the financial sector has continued as Standard Chartered Bank reported a 6% reduction in revenue following a 21% decrease in Non-funded income despite the 5% increase in banks’ core value-generating source – net interest income.   “H1 2019 performance for the Bank compared to H1 2018 has dropped on account of decrease in […]

Banking, StandchartJune 19, 2019

Standard Chartered Bank Zambia Plc- Performance Review
Standard Chartered Bank Zambia Plc is an extraordinary organization with a rich history in Zambia stemming over 110 years. Based on its brand positioning which its clients greatly appreciate it has the potential to grow the overall business. However, risk management within the banking sector has continued to be part of their strategy in order […]

Banking, StandchartJanuary 20, 2019

Standard Chartered Bank 2017 Performance
The Zambian Banking sector in 2016 ended with Standard Chartered Bank at the helm of commercial banking and they cemented further their strategic position by being the first to introduce Visa Infinite Credit Cards on the Zambian market. The banking ‘gurus’ with over 110 years of experience in the Zambian market saw a growth in […]

Banking, StandchartJune 24, 2018

A Sky Blue Wedding of The Banks In London?
It’s 19th May 2018 and millions of people across the globe are witnessing the royal wedding of Prince Harry and Meghan Markle. It was a historical occasion that happened at Windsor castle. A week later after this momentous occasion, financial observers around the world were treated to some more exciting news that filtered through on […]

Banking, Standchart, ZANACO plcNovember 18, 2017

The Bankers Royal Rumble
The end of the third quarter is always an interesting time of year for the financial sector. From a bankers perspective in particular, the third quarter is when you seriously assess your strategies and your execution of that strategy. Are you on target? How well are your competition doing? What can we do differently? These […]