Standard Chartered’s operations in Singapore delivered stronger earnings in the first half of 2025, supported by higher fee and foreign exchange income, The Business Times reported.
While the bank did not disclose full local details in its global statement, preliminary figures point to continued growth in its Singapore franchise.
Globally, the lender posted a pretax profit of about US$4.38 billion for the six months ended June 2025, up from the same period a year earlier and ahead of the US$3.8 billion average estimate of 15 analysts compiled by the bank.
Profit attributable to shareholders also improved, reflecting robust performance across wealth and markets businesses.
In line with the stronger earnings, Standard Chartered announced a US$1.3 billion share buyback programme.
According to eport, fee and commission income in Singapore rose sharply alongside stronger foreign exchange revenues.
This performance echoes a broader trend across the group as it benefits from higher transaction volumes and growing client demand.
Standard Chartered continues to emphasise Singapore as a key market in its Asian strategy.
The bank’s regional balance sheet remains substantial, with assets and liabilities running into the hundreds of billions of Singapore dollars.
The lender said its global results were driven by a rebound in market activity and improved margins.
The buyback is expected to enhance shareholder returns while signalling confidence in its capital position.
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