Standard Chartered PLC logo

Standard Chartered PLC - ADR

OTCPK:SCBFY (UK)   ADR
$ 20.09 -0.085 (-0.42%) 03:58 PM EST
8.85
P/B:
0.48
Market Cap:
$ 24.45B
Enterprise V:
$ 58.31B
Volume:
192.03K
Avg Vol (2M):
111.70K
Trade In:
Volume:
192.03K
Avg Vol (2M):
111.70K

Business Description

Description
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the United Kingdom and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the UK. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.