Statement on the BoE 2018 Stress Test Results

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

[phone]

[e-mail]

Julie Gibson

Head of Group Media Relations

[phone]

[e-mail]

 

END

 

 

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