Standard Chartered (STAN) Corporate presentation summary

Business growth and market position

• Achieved status as one of the world's fastest growing digital banks, with 12% market share one year after launch in Singapore.

• Customer base grew from 577k to 806k year-over-year, with deposits increasing 2.6x and loans 3.1x in H1 2024.

• Recognized as the fastest growing Singapore financial institution card issuer for both domestic and cross-border spending in the last 12 months.

• Progressing towards profitability with total revenue tripling and costs rising only 1% year-over-year.

Customer experience and innovation

• Consistently top-rated banking app in Singapore, with over 70% of new sign-ups referred by existing customers.

• Rapid product development, releasing app updates nearly twice as fast as competitors.

• Differentiates on experience with instant onboarding, instant loans, and real-time digital features.

• Extensive product suite launched in two years, including savings, credit/debit cards, insurance, instant loans, and rewards.

Customer impact and engagement

• Over S$35m in savings from Linkpoints earned and more than 2.7m digital coupons redeemed.

• High engagement: >85% credit card activation rate, average 21 monthly transactions per customer.

• Diverse customer base across all age groups, with tailored features for different lifestyles.

• Over 12,000 loans disbursed in July 2024, with three types of loans available.