Standard Chartered Bank in Net Profit

By Editor - Mon Jun 18, 8:15 pm

Standard Chartered Bank has recorded a net profit of about forty two point eight billion kwacha as of the last week of April 2012.

The bank has also recorded a growth of twenty four percent in cash deposits which transplants to three point five billion kwacha.

Bank Managing Director, Mizinga Melu has attributed the growth to innovative products and services the bank offers to the public.

And Bank Acting Head of Global Markets, Wiggins Mupango is optimistic government will meet the seven point seven GDP projections for 2012.