StanChart plays the long game in Africa
The lender’s substantial international trade finance network places it in prime position to tap African Continental Free Trade Area
16 January 2025 - 05:00
The mighty HSBC recently announced it would be leaving South Africa, handing over its remaining local operations to FirstRand.
So all eyes are on its arch-rival, Standard Chartered Bank (StanChart): will it follow suit? Chris Egberink, StanChart’s CEO in South Africa, tells the FM it remains fully committed to Africa. ..
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