CAL Bank & StanChart’s Earnings up for 3rd Quarter

CAL:
CAL Bank Ltd, (CAL) a GSE listed stock reported a 9-months profit after tax of GHS 64.86 million, up 115% year on year. Total Assets grew by 39% from GHS1.02 billion in Q3 2012, to GHS 1.42 billion. The bank experienced a 50.3% growth in the loan book, from GHS 639.00 million in Q3 2012, to GHS 960.27 million in Q3 2013.

SCB:
Standard Chartered Bank, (SCB) reported an 80.4% year on year growth in net profits for Q3 2013, from GHS80.19 million in Q3’12 to GHS 144.62 million. Total assets of the bank increased by 54.9% to GHS 3.49 billion. 

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