Standard Chartered PLC (the Group) notes the publication today by the Bank of England of the results of its 2021 stress test exercise. The results showed that, under the Bank of England’s hypothetical 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 resilience to stress.
The results of the Bank of England’s 2021 stress test are available to view in full on their website at: https://www.bankofengland.co.uk/stress-testing/2021/bank-of-england-stress-testing-results
For further information, please contact:
Gregg J. Powell
Global Head, Investor Relations
+852 2820 3282
Head of Group Media Relations
+44 (0)20 7885 2434