Standard Chartered Bank Ghana (XGHA:SCB) Tax Rate % : 32.01% (As of Dec. 2024)

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What is Standard Chartered Bank Ghana Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Standard Chartered Bank Ghana's Tax Expense for the three months ended in Dec. 2024 was GHS67 Mil. Standard Chartered Bank Ghana's Pre-Tax Income for the three months ended in Dec. 2024 was GHS208 Mil. Therefore, Standard Chartered Bank Ghana's Tax Rate % for the quarter that ended in Dec. 2024 was 32.01%.

Standard Chartered Bank Ghana Tax Rate % Historical Data

The historical data trend for Standard Chartered Bank Ghana's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Standard Chartered Bank Ghana Tax Rate % Chart

Standard Chartered Bank Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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29.18

37.09

21.82

36.06

29.94

Standard Chartered Bank Ghana Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															36.36	35.14	36.26	10.33	32.01

Standard Chartered Bank Ghana Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Standard Chartered Bank Ghana's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	306.007	/	1022.155
	=	29.94 %

Standard Chartered Bank Ghana's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	66.618	/	208.123
	=	32.01 %

Standard Chartered Bank Ghana Tax Rate % Related Terms

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Standard Chartered Bank Ghana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered Bank Ghana PLC (XGHA:SCB) » Definitions » Tax Rate %

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Address

87 Independence Avenue, P.O. Box 768, Standard Chartered Bank Building, Accra, GHA

Website

https://www.sc.com

Standard Chartered Bank Ghana PLC is a banking corporation registered in Ghana. It provides various banking services including personal banking, private banking, and business banking. The company manages its business into three segments namely, Corporate, Commercial and Institutional Banking (CCIB), Consumer, Private and Business Banking (CPBB) and Standard Chartered Wealth Management Limited (SCWML). It generates maximum revenue from the Corporate, Commercial and Institutional Banking (CCIB) segment. The company's services include savings, loans, mortgages, credit cards, insurance, and investment opportunities for individual customers. It focuses on offering financial solutions to small-medium enterprises, corporates, and financial institutions.

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