Stanchart leans towards corporate lending

In a challenging operating environment characterised by compressed interest margins, tight liquidity, falling profitability and weak household incomes, the listed top 5 bank said it remains well capitalised and liquid with a better Loan to Deposit Ratio (LDR) than its peers of 81 percent.

Announcing results for the full year ended December 2014, the bank said that strong support to their corporate and institutional clients boosted lending to businesses, which in turn propelled total loans and advances by 28 percent to P8.1 billion.