Thursday, May 23, 2024

StanChart crushes 2023 targets 

BSE quoted banker, Standard Chartered Bank Botswana boasted a robust business performance, revealing impressive financial results for the full year ending December 31, 2023. The bank showcased a Profit Before Taxation surge of 59 percent, reaching P403 million, alongside a 15 percent increase in operating income, totaling P1 billion. These achievements were propelled by a focus on driving income growth in high-returning products and delivering double-digit growth in the Corporate, Commercial and Institutional Banking segment (CCIB).

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