Standard Chartered - supporting colleagues, clients and communities.

The Board and Management Team of Standard Chartered PLC "the Group", alongside all of our 84,000 colleagues, are committed to supporting our clients, and the communities in which we operate, both through the current pandemic crisis and the longer-term support and renewal phase.

Given the underlying resilience of the Group, we are in a strong position to help. We have announced a number of measures to provide support:

* US$1 billion of financing for companies that provide goods and services to help the fight against Covid-19, and those planning the switch into making products that are in high demand to fight the global pandemic. We are seeing high demand for funding and have already approved over US$75m of facilities in the first week.

* We have put in place a comprehensive support scheme for retail and business customers, including loan repayment holidays, fee waivers or cancellations and loan extension facilities.

* A US$50 million global fund, providing assistance to those affected by the Covid-19 pandemic. The Group will immediately donate US$25 million to support emergency relief in our most affected markets. The additional US$25 million will be raised from bank colleagues and directors, matched by the Group, to help communities to recover from the economic impact of the virus.

* The Group Chief Executive and Group Chief Financial Officer will make significant personal donations to the Covid-19 assistance fund. The Group Chairman, members of the Board, and the Management Team, will also make personal donations.

In addition, the Group Chief Executive and Group Chief Financial Officer will voluntarily forego...