Standard Chartered Bank, Ghana

Standard Chartered Bank Ghana Limited has been in operation since 1896, when it was known as the Bank of British West Africa. The Bank is 80% owned by Standard Chartered PLC, and the remainder of the stock is owned locally and traded on the Ghana Stock Exchange. We are the oldest bank in Ghana, and ranked consistently amongst the top three banks, locally. We provide a wide range of services in the consumer and corporate and institutional banking sectors, including comprehensive trade finance, cash management services and foreign exchange products through our treasury operations. We have 21 branches and two agencies located in the main regions of the country. These are fully computerised and networked, with automated teller machines are located at most branches.

Corporate and institutional banking services are provided in three main locations in Accra (covering Tema, Kumasi and Takoradi). The currency of Ghana is the Cedi (SWIFT Code GHC), which is allowed to float against all currencies.

Checklist of Services

Consumer Banking
Wholesale Banking

Review of Operations

Consumer Banking

  • Standard Chartered Bank Ghana offers a wide range of personal banking products and services nationwide through a network of 21 branches, 1 main Priority Centre at Opeibea with adjoining Priority Lounges at all our branches to cater for our Priority customers, 1 agency on the Kwame Nkrumah University of Science And Technology Campus and alternate channels such as ATMs, call centres, transactional banking, debit cards, personal loans, and SMS banking. Standard Chartered Bank is the only bank which has 2 SME centres in the country.
  • Customers enjoy the privilege of a banking partner that is flexible and tailors solutions to take care of their specific banking needs. Standard Chartered services are backed by a strong commitment to providing its customers with effective and reliable banking services and out serving their expectations

Wholesale Banking

  • Standard Chartered Bank offers its corporate and institutional clients comprehensive banking solutions with particular emphasis on relationship banking
  • Corporate clients benefit from a full range of flexible financial propositions that address individual needs
  • Clients can access traditional as well as structured products in the areas of lending, trade finance, cash management and treasury. Customers also have access to cross-border payments, treasury services, transaction banking and custodial services – all supported by electronic funds transfer and cash management systems
  • Wholesale Banking provides innovative solutions to address the needs of valued customers. An extensive knowledge of international markets combined with a deep local insight puts the Bank in a unique position to provide quality advice and information on currencies, interest rates and risk management. The Bank has always been at the forefront of creative product offerings. Products offered include foreign exchange forwards and spots, high-yield deposits and foreign currency options. The Bank is an authorsed Foreign Exchange Dealer of the Central Bank

Points of Interest-Awards in the Last 5 Years

  • Euro money Best Bank Award for 2003
  • Ashanti Financial Services Award – 2003
    • Gold – Overall Best Bank
    • Gold – Export Finance
    • Gold – Constructive Finance
    • Bronze – Industrial Finance
  • Ghana Banking Awards 2003
    • Best Bank Product Innovation
    • Corporate Social Responsibility
  • hana Banking Awards 2006
    • Best Bank – Trade Finance
    • Best Bank – Financial Performance
  • The Bank Awards 2004
    • Bank of the year
  • Chartered Institute Of Marketing Ghana Awards 2006
    • Bank of the Year
  • Chartered Institute Of Ghana Marketing Awards 2006
    • Bank of the Year
  • Euromoney Excellence Awards 2007
    • Best Bank Ghana

Ghana @50 Golden Jubilee Business & Financial Services Excellence Awards 2007
Gold Award for outstanding contribution to the economic and social development of Ghana

Standard Chartered’s community work in Ghana has led the way within and outside the Group. The Bank’s 100 wells for 100 communities project has been cited as best practice within the cou