SCB - Standard Chartered Bank Limited

Nov 7, 2024 at 19:07 Twitter · Facebook

SCB share price on Ghana Stock Exchange

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 3.1 billion, which makes about 3% of the Ghana Stock Exchange equity market.

SCB Stock Market Performance

The current share price of Standard Chartered Bank Limited (SCB) is GHS 23.00. SCB closed its last trading day (Monday, November 4, 2024) at 23.00 GHS per share on the Ghana Stock Exchange (GSE). Standard Chartered began the year with a share price of 17.55 GHS and has since gained 31.1% on that price valuation, ranking it 10th on the GSE in terms of year-to-date performance.

Standard Chartered Bank is the 27th most traded stock on the Ghana Stock Exchange over the past three months (Aug 12 - Nov 7, 2024). SCB has traded a total volume of 3,386 shares valued at GHS 75,213 over the period, with an average of 54 traded shares per session. A volume high of 1,568 was achieved on October 30th 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 (55) as its CEO & Managing Director. The company's board of directors, chaired by Dr. Emmanuel Oteng Kumah (67), is composed of eight members whose names are listed below.

1. Kumah, Emmanuel Oteng (Dr.)
   Chairman
2. Nettey, Mansa (Mrs.)
   CEO & Managing Director
3. Nimfah-Essuman, Kweku
   Chief Financial Officer
4. Baye, Henry
   Head, Retail Banking
5. Adesola, Bola
   Non-Executive Director
6. Adepoju, David
   Non-Executive Director
7. Kuenyehia, Akua (Prof. Mrs.)
   Independent Non-Executive Director
8. Addo, Felix E.
   Independent Non-Executive Director

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.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange