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Standard Chartered Bank reports highest operating profit since 2015 in the Africa and Middle East region

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TDPel Media

Standard Chartered (www.SC.com) PLC (the Group) today released its financial results for the full year and fourth quarter ending 31 December 2021. See link here (https://bit.ly/3JzDaJP) In the Africa and Middle East region, the Bank has recorded its highest Operating Profit since 2015. Performance Highlights: Broad-based growth and improvement in income and profitsIncome grew by 3.5 per cent to USD 2,446 million despite the adverse impact of rate cuts on margins. Record levels of income were reported in the bank’s Financial Markets and Wealth Management businessSustained Cost discipline result…

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