2 Hrs
Source:
Sky News
Standard Chartered H1 profit rises 9%
Standard Chartered Bank achieved a 9% growth in its pre-tax profits in the first half of 2026, reaching $4.78 billion compared to $4.38 billion in the same period last year, surpassing expectations which stood at $4.52 billion. This growth is attributed to increased revenues from wealth management, markets, and global banking services, with the bank focusing on emerging markets, particularly in Asia and Africa. The bank also confirmed its stance that soaring oil prices are unlikely to continue in the second half of the year.
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