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.
Quick Summary
Standard Chartered Bank Ghana has reassured customers regarding the safety of their deposits and the continuity of banking services. This comes
Summary - read the full story for complete context.
Image: Joy Business
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from Joy Business
Related Stories
More from Business & Economy
Groupe Nduom eyes Standard Chartered retail business, calls for local ownership
A major Ghanaian conglomerate is eyeing a significant acquisition in the banking sector, sparking discussions about local control and market shifts.
2h ago•2 min read
Ghana's crisis-to-recovery journey holds key lessons for Africa - BoG Governor
Discover how Ghana's journey from economic challenges to recovery offers vital lessons for other African nations on strengthening financial systems.
22h ago•2 min read
BoG Governor Cautions Against Complacency Despite Falling Global Oil Prices
Bank of Ghana Governor Dr. Johnson Asiama warns that despite falling global oil prices, emerging economies must strength
1h ago•6 min read
Former GRIDCo CEO urges stronger workplace safety laws
Despite progress in some sectors, industrial accidents continue to claim lives, prompting a former CEO to urge greater investment in worker safety.
3h ago•2 min read
