Standard Chartered Bank Uganda offices
Standard Chartered bank Uganda. The bank will now pay UGX15 million in damages for illegally debiting a client's account. PHOTO/Courtesy

Standard Chartered PLC (the Group) has registered a record US$1.291 billion dollars income with US$581 million in operating profits in the Africa and Middle East (AME) region. This is contained in the bank’s financial results for the first half of the year ending 30 June 2022. Key performance highlights include: Broad-based growth across markets, segments, and products  Income up 8 per cent Y-o-Y on constant currency to USD 1.291 billionOperating Profit USD 581 million up by 28 per cent Y-o-Y on constant currency basisStrong improvement in the region’s Return on Tangible Equity (RoTE) at 13 per centGeographical Highlights – Double digit…

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