Standard Chartered mulls sale of 3 African units

Standard Chartered mulls sale of wealth, retail operations in Africa
Standard Chartered on Wednesday said it was exploring to potentially divest its wealth and retail banking operations in Botswana, Uganda and Zambia.
Standard Chartered Considers Exiting Retail Banking in Botswana, Uganda, and Zambia Amid Strategic Restructuring
LONDON– Standard Chartered (STAN.L) is exploring the possibility of divesting its wealth and retail banking operations in Botswana, Uganda, and Zambia, as par
Standard Chartered eyes sale of three African retail banking businesses
Standard Chartered eyes sale of three African retail banking businesses - The London-listed lender is in the middle of a restructure, reining in its mass retail business and simplifying the group.
Standard Chartered mulls sale of three African units
Standard Chartered is exploring a sale of its wealth management and retail operations in three African countries as the banking giant seeks to free up firepower for its investment plans.
Standard Chartered Plans Strategic Business Sales in Africa
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Standard Chartered explores the sale of a small number of businesses to boost investment in its affluent franchise
Standard Chartered PLC (the Group) announces the first in a small number of potential business exits to fund incremental investment in its leading wealth management business. This aligns with the refreshed strategic priorities shared in the Group’s third quarter 2024 (Q3’24) results,
TOP NEWS: Standard Chartered eyes sale of some African subsidiaries
(Alliance News) - Standard Chartered PLC on Wednesday said it is considering selling a number of businesses in Africa to fund investment elsewhere on the continent. The British bank said subsidiaries in Botswana, Uganda and Zambia, which formed part of its wealth and retail banking arm, could be on the chopping block.
StanChart exploring sale of wealth & retail banking businesses in Africa
Standard Chartered said on Wednesday that it is exploring the potential sale of its wealth & retail banking (WRB) businesses in Botswana, Uganda and Zambia.
Standard Chartered’s Leaning on Wealthy Africans to Drive Growth
Standard Chartered Plc is banking on the ultra-rich in Africa to expand its business after more than doubling assets under management in its wealth business on the continent the past three years.
Standard Chartered mulls sale of wealth, retail operations in Uganda
Mr Sanjay Rughani, the Standard Chartered Bank Uganda chief executive officer, said Wednesday evening that they had started the process of selling off the business arm of wealth and retail banking services, which is expected to be completed in about 18 to 24 months. “We are still waiting for regulatory approval,” he said.
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StanChart Mulls Sale of Units in Zambia, Uganda and Botswana
Standard Chartered Plc is exploring a potential sale of its wealth and retail banking businesses in a trio of African ...
Standard Chartered mulling sale of wealth and retail banking operations in Africa
Standard Chartered on Wednesday said it was exploring to potentially divest its wealth and retail banking operations in ...