MARKET PULSE | Why Standard Chartered Bank deposits dropped by 14%

Standard Chartered Bank Reported A 45% Jump In Profit After Tax For The Year Ending December 31, 2024. The Lender Attributes The Growth To Resilience And An Aggressive Digital Push Amid Changing Economic Conditions. However, Despite Strong Results, Concerns Are Emerging. A Sharp Drop In Customer Deposits And Rising Operating Costs Raise Questions About Long-Term Resilience.