Standard Chartered PLC – statement on the Bank of England 2018 stress test results

Standard Chartered PLC (the Group) notes the publication today by the Bank of England of the results of its 2018 stress test exercise.

The results showed that, under the Bank of England’s hypothetical annual cyclical scenario, the Group exceeded all hurdle rates. The Group has a diverse and liquid balance sheet and these results demonstrate the Group’s continued capital strength and increased resilience to stress.

The results of the Bank of England’s 2018 stress test are available to view in full on their website at:

https://www.bankofengland.co.uk/stress-testing/2018/stress-testing-the-uk-banking-system-2018-results

 

For further information, please contact:

Mark Stride

Global Head, Investor Relations

+44 (0)20 7885 8596

mark.stride@sc.com

 

Julie Gibson

Head of Group Media Relations

+44 (0)20 7885 2434

julie.gibson@sc.com

 

Standard Chartered

We are a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

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