Standard Chartered Bank Pakistan Delivers Strong Profitability

Business & Finance

Karachi, Standard Chartered Bank Ltd. (SCBPL), a prominent international bank in Pakistan, has announced a 40% cash dividend and a substantial 67.50% bonus share distribution for its shareholders. The bank, with a paid-up capital of Rs. 38,715.85 million, reported an impressive EPS of Rs. 5.13 for January-February 2024. The financial disclosures reveal a daily weighted average rate of Rs. 35.81 with a turnover of 1,901,500 shares. Listed in 2007, Standard Chartered Bank Pakistan has demonstrated significant profitability and a commitment to rewarding its investors, highlighting its strong foothold in the banking industry.