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Statement on the BoE 2018 Stress Test Results

28 Nov 2018 16:55

RNS Number : 8190I
Standard Chartered PLC
28 November 2018
 

 

 

Standard Chartered PLC - statement on the Bank of England 2018 stress test results

Standard Chartered PLC (the Group) notes the publication today by the Bank of England of the results of its 2018 stress test exercise.

The results showed that, under the Bank of England's hypothetical annual cyclical scenario, the Group exceeded all hurdle rates. The Group has a diverse and liquid balance sheet and these results demonstrate the Group's continued capital strength and increased resilience to stress.

The results of the Bank of England's 2018 stress test are available to view in full on their website at:

https://www.bankofengland.co.uk/stress-testing/2018/stress-testing-the-uk-banking-system-2018-results

 

For further information, please contact:

Mark Stride

Global Head, Investor Relations

+44 (0)20 7885 8596

mark.stride@sc.com

 

Julie Gibson

Head of Group Media Relations

+44 (0)20 7885 2434

julie.gibson@sc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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