Standard Chartered Ghana (officially Standard Chartered Bank Ghana PLC (SCB.GH)) is a
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
ing and financial services company in
Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...
, and an 80% subsidiary of
Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 9 ...
. They are listed on the
stock index of the
Ghana Stock Exchange, the
GSE All-Share Index
The principal stock index of the Ghana Stock Exchange or GSE is the GSE Composite Index. It was introduced in 2011 with a base value of 1000 points. This index is calculated from the values of each of the market's listings.
Market listings
Pr ...
. Operating since 1896, it is one of the oldest companies in Ghana. It is the successor to the
Bank of British West Africa
Bank of British West Africa (BBWA) was a British Overseas bank that was important in introducing modern banking into the countries that emerged from the UK's West African colonies. In 1957 it changed its name to Bank of West Africa, and in 1965 wa ...
in Ghana.
Services
Standard Chartered Bank PLC is a financial services institution in Ghana offering a wide range of banking products to the retail, commercial and corporate sectors.
They company also offers full-service products, from transactional accounts and electronic banking services to foreign exchange and currency accounts, trade and working capital solutions, international trade accounts and personal overdraft and unsecured loans as well as
bancassurance and asset protection services.
Management
The