Deposits safe, banking services uninterrupted - Standard Chartered reassures customers

Standard Chartered Bank Ghana assured customers on Friday, June 26, 2026, in an email sighted by JoyBusiness, that their deposits remain safe and all banking services continue to operate as normal. The bank urged customers not to panic after announcing its intention to explore the sale of its Wealth and Retail Banking (WRB) business in Ghana. It stated, "We are committed to managing this process with our key stakeholders to minimise any disruption to you."

The planned sale process is expected to take between 18 and 24 months, subject to regulatory approvals. Customers can continue to conduct normal banking transactions throughout the transition period without disruption. JoyBusiness learned that Managing Director Xorse Augustine Godzi has been engaging clients since Thursday to explain the process and address concerns. The announcement was necessary because Standard Chartered PLC is a listed company and is required to disclose such strategic decisions to the market. On June 25, 2026, Standard Chartered PLC announced plans to explore the sale of its Wealth and Retail Banking business in Ghana as part of a broader strategy.