Earnings Report /
Ghana

Stanchart Ghana: Q2 21: Impressive earnings growth, with technology driving efficiency gains

  • PAT growth of 34% yoy, backed by cost control and reversals of impairment charges

  • Improved asset quality, owing to improvements in credit control and loan recoveries

  • SCB is well positioned for further growth, reiterate Hold

Gbemisola Ogungbade
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
25 August 2021
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