Standard Chartered Bank Ghana PLC has reaffirmed its position as a financially robust and forward-looking institution with the declaration of a significant dividend payout at its 55th Annual General Meeting (AGM), held virtually in July 2025. This marks a strong signal of stability and shareholder value creation following a period of economic uncertainty within Ghana’s financial services sector.
During the AGM, the bank declared a final dividend of GH¢1.6704 per ordinary share for the 2024 financial year. This translates into a total payout of approximately GH¢225 million to ordinary shareholders. Additionally, preference shareholders will receive a total of GH¢2.77 million, bringing the combined dividend distribution to GH¢227.94 million. This decision comes after the bank was previously restricted from dividend payments in 2023 due to regulatory measures tied to the Domestic Debt Exchange Programme (DDEP) and broader macroeconomic challenges.
Financial Recovery and Strong Performance
The dividend announcement follows an impressive financial turnaround in 2024. Standard Chartered Ghana recorded a substantial increase in pre-tax profits, signaling a full recovery from the impact of the DDEP. Total income rose significantly, driven by higher net interest income and effective cost management. The bank’s capital adequacy ratio also improved to well above the Bank of Ghana’s minimum regulatory requirement, reflecting a strong and healthy balance sheet.
Total assets grew considerably, driven by increased customer deposits and prudent credit risk management. Liquidity ratios remained robust, further strengthening the bank’s ability to meet short-term obligations and support future growth. These achievements laid the groundwork for the resumption of dividend payments and further reinforced investor confidence.
Commitment to Governance and Shareholder Value
In his address to shareholders, Chairman Ebenezer Twum Asante highlighted the bank’s continued commitment to governance excellence, resilience, and long-term strategic focus. He emphasized that the bank’s proactive risk management framework, supported by a well-governed board and executive leadership team, enabled it to navigate volatile market conditions and deliver superior results.
Mr. Asante noted that the dividend declaration reflects more than financial performance; it symbolizes the bank’s stability, credibility, and ability to create consistent value for its shareholders, clients, and stakeholders.
Chief Executive Officer Mansa Nettey also addressed shareholders, stating that the bank’s strong performance was underpinned by disciplined execution, digital transformation, and customer-focused innovation. She reaffirmed the bank’s strategic priorities, which include driving inclusive financial growth, leveraging technology for client convenience, and maintaining sound capital and liquidity positions to support sustainable returns.
Dividend Timelines and Payment Process
Shareholders eligible for the dividend had to be registered in the bank’s books by the close of business on Thursday, July 11, 2025. The share register was closed on Monday, July 14, and Tuesday, July 15. The ex-dividend date was set for Tuesday, July 9, 2025, with payment scheduled for Wednesday, July 31, 2025.
These timelines align with regulatory requirements and reflect the bank’s commitment to ensuring transparency and efficiency in all shareholder engagements.
A Positive Signal for the Banking Sector
The resumption and scale of Standard Chartered Ghana’s dividend payout is a notable development within the broader banking industry in Ghana. In 2023, many banks were unable to declare dividends due to the impact of the DDEP and policy interventions by the Bank of Ghana aimed at preserving capital buffers. With the stabilization of macroeconomic indicators and recapitalization efforts by major banks, 2025 is shaping up to be a year of renewed growth and confidence in the financial sector.
Standard Chartered Ghana’s dividend not only rewards loyal shareholders but also signals improved investor sentiment and the return of profitability across the sector. The bank’s ability to maintain high capital adequacy and liquidity levels, while also delivering meaningful returns, sets a benchmark for peers and contributes positively to the reputation of the Ghana Stock Exchange.
Looking Ahead
Standard Chartered Ghana continues to chart a path defined by innovation, resilience, and value creation. The bank has demonstrated its ability to adapt to evolving regulatory environments, invest in digital solutions, and align its business model with global best practices. As Ghana’s economy continues to recover and stabilize, the bank’s strategy remains focused on deepening customer relationships, expanding access to financial services, and sustaining profitability.
With a strong dividend payout, excellent financial results, and a disciplined leadership team, Standard Chartered Bank Ghana PLC stands out as a pillar of strength and a prime example of how strategic vision and sound management can deliver enduring value to shareholders and the wider economy.
