Standard Chartered Bank pays GH¢97.8m dividend to SSNIT

Standard Chartered Bank Ghana PLC has transferred GH¢97.8 million to the Social Security and National Insurance Trust (SSNIT) for the 2025 financial year. This payment boosts SSNIT's investment returns and reflects the strong connection between SSNIT and the average Ghanaian worker. The total dividends paid by the bank for 2025 are GH¢673.95 million, after shareholder approval at the 56th Annual General Meeting in Accra.

Standard Chartered declared a final dividend of GH¢4.98 per ordinary share, totaling GH¢672.35 million, alongside a preference share dividend of GH¢1.13 million. For SSNIT, this payment offers added liquidity to cover pension obligations and a cash return from a listed equity investment. Standard Chartered Bank's CEO, Xorse Godzi, emphasized SSNIT's importance as a shareholder and its role in Ghana's economy.

The bank's relationship with SSNIT symbolizes the link between its operations and Ghanaian workers, whose pension fund indirectly supports the institution. The dividend distribution is significant as Standard Chartered marks its 130th year of continuous operations in Ghana, focusing on cross-border banking, wealth management, trade, and infrastructure financing.

SSNIT's Director-General, Kwesi Afreh Biney, highlighted the importance of improving investment returns, and praised Standard Chartered for providing capital appreciation and direct cash returns. Biney described Standard Chartered as one of SSNIT's key investments and among the top dividend-paying companies on the Ghana Stock Exchange.