Standard Chartered celebrates 125 years of operating in Ghana

Standard Chartered
Standard Chartered

Standard Chartered Bank PLC has marked 125 years of operation in Ghana, saying it is committed to “using its unique capacity to connect capital, people, ideas and best practices, both locally and globally backed by our network to address the significant socio-economic challenges and opportunities facing the world today.”

The bank started its operations in 1896 as the Bank of British West Africa (BBWA) and has pioneered the development of financial markets in Ghana and supported the socio-economic development of Ghana by putting its “capital behind the opportunities to develop the country”.

“The bank has over the years focused on being client-centric, supporting its clients to grow and protect their wealth and providing digitised banking services through increased investments in technology. A technology-savvy bank that is small enough to be nimble, yet big enough to be relevant,” a statement from the bank said.

To mark the anniversary celebrations, Mansa Nettey, Chief Executive of the bank expressed gratitude to clients and all stakeholders for their support and loyalty. “As we mark this milestone we celebrate our clients and shareholders who have been with us throughout the years for their loyalty and continuous feedback.”

“Over the last 12 decades we have been pioneers of international trade and investment, connecting companies, institutions and individuals to some of the world’s fastest growing and most dynamic regions and facilitating the flow of capital to where it is needed most to drive commerce and prosperity however the bank can do more,” Nettey said.

She added that with this milestone anniversary, the bank is pivoting to lead with “our purpose and taking a stand by setting long-term ambitions to address the significant socio-economic challenges facing humanity and channel our resources to solve them. Hence the bank has embarked on a new strategic direction that draws on our core capabilities in alignment to our purpose and brand promise “Here for Good””.

As part of activities lined up for the anniversary, the bank will be organising a number of community engagement initiatives including planting 1250 trees at the Ramsar Site, support some 1250 young ladies from low income communities in the Greater Accra, Western, Northern and Ashanti regions with employability skills among others. Additionally employees will volunteer their time and skills to teach financial education to young people and also offer digital master classes to MSMEs.

Source: Daily Mail GH

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