Financial Results
Strong Client Numbers, Asian Business Give Standard Chartered A Strong First Half

Standard Chartered Private Bank saw strong growth in the first half of 2012, as the Asian operations and new business flows continue to exceed expectations.
The bank posted a 14 per cent rise in revenue year-on-year to almost $300 million, despite volatile market conditions. During the period, the firm welcomed more than 2,300 new client accounts worldwide and a continuously growing Asian franchise.
It also recently enhanced its offerings with the launch of an Islamic finance arm, where private banking clients can avail of a range of shariah-compliant wealth management products and services.
Standard Chartered Group, its parent firm, enjoyed a 9 per cent rise in both income and profits to $9.51 billion and $3.95 billion, respectively, representing a tenth consecutive record first half profit.
The firm has 22 offices across Asia.