Annual Report 2019 | Standard Chartered | Driving more profitable and sustainable growth. Just to name the most significant ones: the ups and downs in the US-China trade negotiations, the social unrest in Hong Kong and the recent novel coronavirus (Covid-19) outbreak. We’ve had … Whether they have short- or long-term investment horizon, we provide all investors with information about all aspects of our financial and sustainability performance. Last year, we articulated an aspiration to drive an inclusive, innovative performance culture that emphasises sustainability and conduct. We rely on capital from debt and equity investors to execute our business model. We engage with a wide range of civil society and international and local non-governmental organisations (NGOs) from those focused on environmental and public policy issues to partners delivering our community programmes. I have been clear since I joined the Group that to increase our returns over the medium term, we need to grow income in a strong, safe and sustainable manner, while maintaining both cost and capital discipline. We engage with relevant authorities to play our part in supporting the effective functioning of the financial system and the broader economy. Regular engagement builds trust with governments, regulators, investors and civil society, and enables us to understand and respond to the long-term challenges facing our markets. Other operating income grew $229 million or 87% to $491 million. Annual Revenue ( $ ) Standard Chartered revenue was $23.26 b in FY, 2018 which is a (12.5%) year over year increase from the previous period. By engaging employees and fostering a positive experience for them at Standard Chartered, we can better serve our clients and deliver our purpose to drive commerce and prosperity through our unique diversity. We are making big strides in sustainable banking by pioneering new products and delivering several world firsts, including blue bonds to help protect our oceans and deposits designed to finance sustainable development. Mr. Henry Dzidienyo Kweku Baye has moved on to another role within the Standard Chartered Group. During the financial year, The Bank’s Total assets up 24% to 266 billion. We also passed several strategic milestones, demonstrating our ability to execute at pace. I have been clear since I joined the Group that to increase our returns over the medium term, we need to grow income in a strong, safe and sustainable manner, while maintaining both cost and capital discipline. Operating income of the Bank up 26% to $8,620 million. Every client segment and region grew income last year on a constant currency basis and each managed to do so at a faster rate than costs, but the numbers only tell part of the story. Standard Chartered plc is a British multinational banking and financial services company headquartered in London, England.It operates a network of more than 1,200 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people. By maintaining discipline on the things within our control and keeping a sharp focus on the areas in which we are most differentiated, we grew underlying earnings per share 23 per cent and generated a further significant improvement in our return on tangible equity (RoTE). And with our common equity tier 1 capital ratio back near the top end of our 13-14 per cent target range, we are pleased to announce the decision to purchase a further $0.5 billion worth of ordinary shares starting shortly. Cooperation project. This means we can face an uncertain future confidently, while we continue to expand our capabilities to keep pace with evolving threats such as cyber and financial crime. I am confident that we have set ourselves up for lasting success. We are part of the solution in bridging what the UN estimates to be a $2.5 trillion a year funding gap. But I believe the factors that are likely to create economic headwinds in 2020 will turn out to be transitory. Annual Report 2019 Standard Chartered. This means that instability and rapid change are becoming the new normal. Emerging markets will be the most affected by climate change and have the greatest opportunity to leapfrog to new low-carbon technology, but there has not been sufficient investment into this sector across emerging markets in Asia, Africa and the Middle East. Our Online Report database contains more than 500 links to Annual, Integrated and Sustainability Reports available to browse in HTML. This is decent progress, especially considering an increasingly challenging external environment: These external challenges will mean that income growth in 2020 is likely to be lower than our anticipated 5-7 per cent medium-term range, and that it will take longer to achieve our 10 per cent RoTE target than we previously envisaged. Standard Chartered is the leading banking group in the emerging countries. The Group provides Consumer Banking services to individuals and small to medium size … More Annual Report of Standard Chartered Bank: Annual Report 2006 of Standard Chartered Bank, Annual Report 2002 of Standard Chartered Bank, Annual Report 2003 of Standard Chartered Bank, Annual Report 2004 of Standard Chartered Bank, Annual Report 2005 of Standard Chartered Bank, Annual Report 2007 of Standard Chartered Bank, Annual Report 2008 of Standard Chartered Bank, Annual Report 2009 of Standard Chartered Bank, Annual Report 2010 of Standard Chartered Bank, Annual Report 2011 of Standard Chartered Bank, Annual Report 2012 of Standard Chartered Bank, Annual Report 2013 of Standard Chartered Bank, Annual Report 2014 of Standard Chartered Bank, Annual Report 2015 of Standard Chartered Bank, Annual Report 2016 of Standard Chartered Bank, Annual Report 2017 of Standard Chartered Bank, Annual Report 2015-2016 of Indian Bank Limited, Rural Development Scheme of IBBL Based on Islamic Shariah, Bank With Southeast Bank Limited (Part-2), Annual Report 2017 of Premier Cement Mills Limited, Sample Application for Issuance of Health Certificate for Job Purpose, Assignment on Relationship Between Theory And Practical Work, Request Letter for Payslip or Wage slip for Future Reference, Leave Application format for Death of Uncle from Office, Annual Report 2016-2017 of Tata Investment Corporation Limited, Annual Report 2008 of Square Pharmaceuticals Limited, Annual Report 2013 of The ACME Laboratories Limited, Annual Report 2015-2016 of Aditya Birla Fashion and Retail Limited, Annual Report 2013-2014 of India Cements Limited, Annual Report 2012 of First Security Islami Bank Limited, Annual Report 2005-2006 of Tata Consultancy Services Limited, Annual Report (Financial Report) 2002-2003 of Godrej Consumer Products Limited. The Board of Directors of the Bank has recommended the interim dividend of 20.83 cents per ordinary share was paid on 11th October 2006, making a total of 71.04 cents for the year. It provides a wide portfolio of products and services for personal and business customers in 70 countries worldwide, with approximately 1,700 branches and outlets and a total of 86,000 employees. Standard Chartered Bank Botswana Annual Report 2019 Source: Standard Chartered Bank Botswana. Business News. 5001-10,000 Employees. PDF; Archived Annual Reports. For example, our new legal entity structures in Hong Kong and Singapore are already allowing us to better deploy our strong capital and liquidity to generate income more efficiently, Having met our previous $4 billion target early, we increased our aspiration for funding and facilitating renewable energy to $35 billion from 2020 to the end of 2024, We will only support clients who actively transition their business to generate less than 10 per cent of their earnings from thermal coal by 2030, and will review our activities within other industries generating substantial CO, We are targeting net zero emissions and to use only renewable energy sources by 2030, We have launched a number of innovative sustainable finance products linked to the SDGs, Interest rates continue to fall, putting pressure on our net interest income despite ongoing efforts to improve our cost of funding, The global economy is still driven disproportionately by markets in our footprint, but is growing at a slower pace than before, China and the US only recently passed the first phase of what is likely to be a drawn-out process to resolve their differences, Our largest market, Hong Kong, tipped into recession, driven by a combination of the extended US-China trade dispute, slower economic growth in China and local social unrest, And more recently, the outbreak of the novel coronavirus (Covid-19) comes with unpredictable human and economic consequences. We actively engage with governments, regulators and policymakers at a global, regional and national level to share insights, and to support the development of best practice and the adoption of consistent approaches across our markets. SCILL was incorporated on 22nd October, 2003 by Standard Chartered Bank, UK as a 100% subsidiary and it was registered with Reserve Bank of India as Non-Banking Finance Company under Category B (i.e. About this database. 2019 Annual Report. This file opens in a new windowFull report | pdf, This file opens in a new windowStakeholders and responsibilities | pdf, This file opens in a new windowStrategic report | pdf, This file opens in a new windowRisk review and Capital review | pdf, This file opens in a new windowOur strategy | pdf, This file opens in a new windowFinancial statements and notes | pdf, This file opens in a new windowSegment and region reviews | pdf, This file opens in a new windowSupplementary information | pdf, This file opens in a new windowDirectors' report | pdf, This file opens in a new windowSustainability summary | pdf. We have taken significant steps to reshape our business and we are prepared to take further action if the dampening external factors turn out to be more structural or long-lasting. And on top of this monetary support, China and India – by far the two biggest drivers of global growth – have fiscal levers to deploy to underpin growth. Standard Chartered employs 29,000 people in over 500 ofﬁces in more than 50 countries. Standard Chartered PLC is a financial services company based in London, England. We improved our RoTE by 130 basis points to 6.4 per cent in 2019. Highlights include obtaining one of the first virtual bank licences in Hong Kong, successful completion of the Group’s first ever share buy-back – our next will start shortly – and agreeing to sell our stake in our Indonesian joint venture, Permata. We want all our people to pursue their ambitions, deliver with purpose and have a rewarding career enabled by great people leaders. If the external environment means our top-line grows more slowly then so will our costs, and if there are fewer opportunities to effectively deploy surplus capital to fuel incremental high-returning growth then we will have more to return to shareholders. It is a broadly described annual report of Standard Chartered Bank in the year of 2004.During the financial year, The Bank’s Balance sheet Growth $70.1 billion. Find out more Enhanced governance and cultureI commissioned an externally facilitated Board effectiveness review in the middle of the year, which concluded that overall we continue to demonstrate good governance and our Board is operating effectively. As we continue to transform Standard Chartered this year, we will welcome challenge, adapt swiftly and be uncompromising in our pursuit of high performance. Some of the girls involved in Goal, our girls’ empowerment programme, joined the runs taking place in our Africa & Middle East region, and the relay leg in Saudi Arabia was the first ever mixed gender race in the country – an historic event that reflects our support for gender balance around the globe, We are supporting trade and investment by delivering our global network to our corporate and institutional clients, We are growing our affluent client business, helping our individual clients prosper, We have stepped up our digitisation and innovation efforts, transforming how we serve our customers and – in the process – being recognised at the Global Finance Awards as the World’s Best Consumer Digital Bank, We made encouraging progress and in aggregate grew operating profits in four large markets where we are focused on optimising returns, We have launched several initiatives to improve productivity that are delivering positive results. The transformation that is underway is creating a more efficient and agile organisation with higher growth potential. Standard Chartered Bank – Indonesia Branch (SCBI), started in October 1968, the Chartered Bank received an approval from Indonesia Financial Regulators to open a branch office in Indonesia and to conduct foreign exchange and commercial banking activities, which presently known as the Branch Office of Standard Chartered Bank in Indonesia. Media Contact: Chantal Hadley +442078856429 Find out how we have delivered on our commitments, Find out how we create value for our stakeholders, Diversity and inclusion: women in senior roles, Sustainability aspirations met or on track, Driving more profitable and sustainable growth. Not only are we offering investors access to dynamic markets, but giving them an opportunity to put their money to work addressing some of the world’s biggest long-term threats including climate change, health, financial inclusion and education. I continue to visit many markets across our network, and it is clear to me that we have some of the most dedicated, diverse, inspiring and creative individuals in the industry who uphold our valued behaviours and endeavour to deliver the very best for our clients and the Group. We work with local and global suppliers to ensure they can provide the right goods and services for our business, efficiently and sustainably. This time last year, I said that Standard Chartered stood at an inflection point, poised for sustainable and higher-returning growth. Together with my Board colleagues, I have also fully supported the Management Team’s drive to improve our resilience to external shocks, while helping ensure excellent governance and the highest ethical standards. We are living our Here for good promise and continue to stand behind the communities we operate in, not just giving back but also in building a better tomorrow for the next generations: Improving our potentialThe Group’s longer-term growth potential has continued to improve. I am convinced this will allow us to improve returns in a strong, safe and sustainable manner. Media Contact: However, it is important that we do not jeopardise our recently secured foundations. © Standard Chartered 2021. Building an inclusive culture enables us to harness our unique diversity to unlock innovation, make better decisions, deliver our business strategy, live our valued behaviours, and embody 'Here for good'. Click the button below to request a report when hardcopies become available. Inflection point, poised for sustainable and higher-returning growth Version Anyflip Bank Ltd. 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