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Tag: Standard Chartered Bank Pakistan

Standard Chartered

SBP imposes Rs14 million penalty on Standard Chartered Bank Pakistan

March 5, 2026March 5, 2026Shahnawaz Akhter

Karachi: The State Bank of Pakistan (SBP) has imposed a penalty of Rs13.99 million on Standard Chartered Bank Pakistan Limited for regulatory violations during the calendar year 2025, according to the bank’s latest annual report submitted to the Pakistan Stock Exchange (PSX) on Thursday.

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Standard Chartered

SCBPL reports 37% drop in annual profit for CY25, declares final dividend

February 26, 2026February 26, 2026Faisal Shahnawaz

Karachi, February 26, 2026: Standard Chartered Bank (Pakistan) Limited (SCBPL) on Thursday reported a sharp 37% decline in net profit for the calendar year ended December 31, 2025, mainly due to a significant fall in interest income, lower gains on securities, and rising operating costs.

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Standard Chartered

Aurangzeb appreciates Standard Chartered Bank’s continued support to Pakistan

December 12, 2025December 12, 2025Faisal Shahnawaz

Islamabad, December 12, 2025 — Finance Minister Muhammad Aurangzeb on Friday commended Standard Chartered Bank for its sustained support to Pakistan’s economic stabilization and reform agenda, particularly during the negotiation and implementation of the Extended Fund Facility (EFF).

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Standard Chartered

SCBPL reports 23% decline in net profit for 1HCY25

August 26, 2025April 25, 2026Shahnawaz Akhter

KARACHI, August 26, 2025 – Standard Chartered Bank (Pakistan) Limited (SCBPL) has announced its financial performance for the first half of calendar year 2025, reporting a 23% decline in net profit compared to the same period last year. The results reflect a challenging operating environment and volatility in the banking sector.

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Standard Chartered

SCB Pakistan Pays Rs59Bn Income Tax at 54.2% Corporate Rate

March 5, 2025March 5, 2025Shahnawaz Akhter

Karachi, March 5, 2025 – Standard Chartered Bank (SCB) Pakistan Limited announced on Wednesday that it paid Rs 59 billion in income tax for the calendar year 2024, reflecting a corporate tax rate of 54.2%.

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Standard Chartered

SCBPL 2024 Earnings: Rs 46B Profit, Rs 54.5B Tax Paid

February 21, 2025February 21, 2025Shahnawaz Akhter

Karachi, February 21, 2025 – Standard Chartered Bank (Pakistan) Limited (SCBPL) has reported a remarkable annual profit after tax of Rs 46.06 billion for the financial year ending December 31, 2024, despite a substantial tax payment amounting to Rs 54.55 billion.

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Standard Chartered

Standard Chartered Bank Sees Greater Potential in Pakistan

July 5, 2024July 5, 2024Shahnawaz Akhter

KARACHI, July 5, 2024 – Bill Winters, Group CEO of Standard Chartered Bank, expressed optimism about Pakistan’s potential and reaffirmed the bank’s commitment to continued investment during his visit to the Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday.

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Standard Chartered Bank

SCBPL Reports 53% Growth in Profit Before Tax for Q1 2024

April 29, 2024April 29, 2024Faisal Shahnawaz

Karachi, April 29, 2024 – Standard Chartered Bank Pakistan Limited (SCBPL) has announced a significant 53% growth in profit before tax (PBT), reaching Rs 24.7 billion for the first quarter of 2024, a robust indicator of the bank’s financial health and operational efficiency.

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Standard Chartered

Standard Chartered Bank Pays Rs 143 Million Penalty to SBP

March 6, 2024March 6, 2024Shahnawaz Akhter

Karachi, March 6, 2024 – Standard Chartered Bank Pakistan Limited has recently disclosed that it paid a substantial penalty of Rs 143 million due to regulatory violations, as per a report released by the financial institution.

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Standard Chartered

Standard Chartered Pakistan Records 115% Profit Growth in 2023

February 24, 2024February 24, 2024Faisal Shahnawaz

Karachi, February 23, 2024 – Standard Chartered Bank (Pakistan) Limited (SCBL) has reported an extraordinary 115 percent surge in net profit for the calendar year 2023, according to its financial statement for the year ending December 31, 2023.

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