It is a broadly described annual report of Standard Chartered Bank in the year of 2002. During the financial year, Pre-tax profits of the Bank rose 16% to $1,262 million, compared with $1,089 million in the previous year. Net revenue increased to $4,539 million, up 3%. The net charge against profit $705 million. The Bank’s operating profit $795 million. The average daily foreign exchange trading revenue during 2002 was $1.2 million. Normalized earnings per share were 74.9 cents, as against 66.3 cents in 2001. Normalized return on equity increased to13.4%.
The Board of Directors of the Bank has recommended a final dividend of 32.9 cents per share, compared with 29.10 cents in 2001. This gives a total dividend of 47.0 cents, an increase of @12.1% over 2001.
More Annual Report of Standard Chartered Bank:
- Annual Report 2002 of Standard Chartered Bank
- Annual Report 2003 of Standard Chartered Bank
- Annual Report 2004 of Standard Chartered Bank
- Annual Report 2005 of Standard Chartered Bank
- Annual Report 2006 of Standard Chartered Bank
- Annual Report 2007 of Standard Chartered Bank
- Annual Report 2008 of Standard Chartered Bank
- Annual Report 2009 of Standard Chartered Bank
- Annual Report 2010 of Standard Chartered Bank
- Annual Report 2011 of Standard Chartered Bank
- Annual Report 2012 of Standard Chartered Bank
- Annual Report 2013 of Standard Chartered Bank
- Annual Report 2014 of Standard Chartered Bank
- Annual Report 2015 of Standard Chartered Bank
- Annual Report 2016 of Standard Chartered Bank
- Annual Report 2017 of Standard Chartered Bank
