SCB - Standard Chartered Bank Limited
Standard Chartered Bank (Ghana) Limited is a banking and financial services institution in Ghana. The company has been in operation since 1896, when it was known as the Bank of British West Africa. The bank is 80% owned by Standard Chartered Plc, and the remainder of the stock is owned locally. Standard Chartered Ghana, which is consistently ranked amongst the top three banks in the country, provides a range of services in the consumer, corporate, and institutional banking sectors, including comprehensive trade finance, cash management services and foreign exchange products. With a current network of 25 branches and 68 ATM machines across the country, Standard Chartered is committed to building a sustainable business over the long term in Ghana and is trusted worldwide for upholding high standards of corporate governance, social responsibility, and employee diversity; expressed in its brand promise: Here for Good.
Standard Chartered Bank Limited is listed on the Ghana Stock Exchange (GSE). Standard Chartered is traded on the GSE under the ticker symbol “SCB”. The International Securities Identification Number (ISIN) of GSE:SCB is GH0000000185. Standard Chartered Bank Limited is currently the eighth most valuable stock on the GSE with a market capitalization of GHS 1.68 billion, which makes about 2.56% of the Ghana Stock Exchange equity market.
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|Earnings Per Share||8.8308|
|Dividend Per Share||0.00|
SCB Stock Market Performance
The current share price of Standard Chartered Bank Limited (SCB) is GHS 12.50. SCB closed its last trading day (Wednesday, May 31, 2023) at 12.50 GHS per share on the Ghana Stock Exchange (GSE). Standard Chartered began the year with a share price of 20.16 GHS but has since lost 38% off that price valuation, ranking it 36th on the GSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SCB has lost 19% of the stock’s value from May 4th to date.
Standard Chartered Bank is the 19th most traded stock on the Ghana Stock Exchange over the past three months (Feb 28 - Jun 1, 2023). SCB has traded a total volume of 21,781 shares valued at GHS 319,596 over the period, with an average of 346 traded shares per session. A volume high of 2,909 was achieved on May 22nd for the same period. The table below details the last 10 trading days of activity of Standard Chartered Bank on the Ghana Stock Exchange.
Profile of Standard Chartered Bank (Ghana) Limited
Standard Chartered Bank (Ghana) Limited operates in the Financials sector, specifically, the Banking industry. Standard Chartered Bank (Ghana) contracts an estimated total number of 1,000 employees. The company is led by Mrs. Mansa Nettey (54) as its CEO & Managing Director. The company's board of directors, chaired by Dr. Emmanuel Oteng Kumah (66), is composed of eight members whose names are listed below.
- Kumah, Emmanuel Oteng (Dr.)
- Nettey, Mansa (Mrs.)
CEO & Managing Director
- Nimfah-Essuman, Kweku
Chief Financial Officer
- Baye, Henry
Head, Retail Banking
- Adesola, Bola
- Adepoju, David
- Kuenyehia, Akua (Prof. Mrs.)
Independent Non-Executive Director
- Addo, Felix E.
Independent Non-Executive Director
Factsheet of Standard Chartered Bank (Ghana) Limited
- 87 Independence Avenue, P. O. Box 768, Accra, Ghana
- +233-302-610-750, +233-302-740-100, +233-302-633-427
SCB Industrial Market Competitors
Standard Chartered Bank (Ghana) Limited, issuers of the SCB and Stanchart Preferential Shares stocks on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|ETI||Ecobank Transnational Incorporated||3.61B||0.15|
|RBGH||Republic Bank Ghana Limited||460M||0.54|
|ACCESS||Access Bank Ghana||696M||4.00||-0.25%|
|EGH||Ecobank Ghana Limited||1.74B||5.40||-18.7%|
|GCB||GCB Bank Limited||835M||3.15||-20.1%|
|TBL||Trust Bank Gambia Limited||164M||0.82||+2.5%|
|ADB||Agricultural Development Bank||1.76B||5.06|
|MAC||Mega African Capital Limited||53.5M||5.38|
|POP||Pesewa One Plc||3.4M||0.68|