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Tag: Standard Chartered Bank Pakistan

Standard Chartered

Standard Chartered Pakistan announces 42.5% growth in after tax profit

March 5, 2020April 6, 2021Mrs. Anjum Shahnawaz

KARACHI: Standard Chartered Bank Pakistan has declared massive growth of 42.5 percent in after tax profit for the year ended December 31, 2019. The bank declared Rs16.017 billion profit after tax for the year 2019 as compared with Rs11.239 billion in the last year. The bank also declared earnings per share at Rs4.14 as compared […]

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Standard Chartered

SCB Pakistan allowed Chinese Yuan clearing, settlement

March 19, 2019October 28, 2021Faisal Shahnawaz

KARACHI: State Bank of Pakistan (SBP) has allowed Standard Chartered Bank, Pakistan to establish local Chinese Yuan Renminbi (CNY) clearing and settlement setup in the country. In a statement on Tuesday, the central banks said that Standard Chartered Bank (SCB) Pakistan can now open CNY accounts of the banks operating in Pakistan to facilitate settlement […]

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