SCB’s sustainability review




KARACHI - Standard Chartered launches its sixth annual Sustainability Review, setting out how it has delivered on its strategy to provide a strong return for shareholders, while creating social and economic value in the communities where it operates, says a press release.Standard Chartered contributed to the real economy by increasing its lending to customers and clients by more than 75 per cent since June 2007. This included a 60 per cent increase in credit to small and medium-sized enterprises (SMEs), crucial drivers of growth and employment across the Bank’s markets in Asia, Africa and the Middle East. Standard Chartered also provided thousands of more people with the opportunity to buy their own homes, increasing mortgage lending by 40 per cent to USD 69.5 billion across its footprint.

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