Standard Chartered PLC: Leading Banking Group in Emerging Markets – Net Banking Products and Geographic Distribution

2023-12-28 12:07:00

Standard Chartered PLC is the leading banking group in emerging countries. Net Banking Product (NBI) by activity is broken down as follows: – retail banking and private banking (52.2%): sale of traditional banking products and services, issuance of credit cards, consumer and real estate loans, loans to SMEs, online banking, etc. ; – commercial banking, investment banking, investment and market banking (47.6%): trade financing, syndicated loans, sale of structured products, cash and rate management, clearing and custody of securities, management of funds, etc. ; – private bank (0.2%). At the end of 2022, the group manages USD 461.7 billion in outstanding deposits and USD 310.6 billion in outstanding loans. The geographical distribution of GNP is as follows: Europe and Americas (3.4%), Asia (75.7%), Africa and the Middle East (17.1%) and others (3.8%).

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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