The bank said on Wednesday it would give bonuses to management, unlike many of its London-listed rivals, but Chief Executive Peter Sands said he would give his $3.2 million bonus to charity.

Sands, who has led the bank for just over three years and steered it through the financial crisis better than most rivals thanks to strong capital and liquidity and resilient Asian markets, said it was right to "pay for success.”

"The talent markets in our markets are very competitive, with a lot of competition for the best talent. We will remain competitive in the way we compensate people," Sands told reporters on a conference call.

Sands, whose bank has not received any direct state aid during the financial crisis, also said he expected to raise between $500 million and $750 million by listing the bank's shares in India in the first half of this year.

Standard Chartered posted a 13 percent rise in 2009 pretax profit to $5.15 billion, just ahead of an average forecast for $5.1 billion in a Reuters poll of analysts.

By 0920 GMT, Standard Chartered's London listed shares were up 2 percent at 16.22 pounds, its highest level for seven weeks and topping the UK blue-chip share leaderboard.

Mike Trippitt, an analyst at Oriel Securities, said the results were good, with trends in income, consumer banking and impairments positive for the group.

"What is not going to happen is people reaching for the EPS (earnings per share) 2010 upgrade button, but then that's where we are in the cycle. They have come through the year with no government support and produced 9 percent income growth — a good performance," he said.