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Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services.Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
However, this plan has never been materialised and Standard Chartered India remained its status as a branch of foreign bank. In 2024, the bank sold its 41 billion rupees personal loan portfolio to Kotak Mahindra Bank, as part of its plan to refresh strategy to target at higher end business. [9]
Standard Chartered Singapore (officially Standard Chartered (Singapore) Limited) is the Singapore based subsidiary of British banking and financial services company, Standard Chartered. Opening its first branch in 1859, the bank is one of the oldest in continuous operation in Singapore. [ 1 ]
A personal loan is money that you borrow to cover a one-time expense. The most common reason people use personal loans is to pay down high-interest debt, thanks to their relatively low interest ...
Standard Chartered Ghana (officially Standard Chartered Bank Ghana PLC (SCB.GH)) is a banking and financial services company in Ghana, and an 80% subsidiary of Standard Chartered. They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. Operating since 1896, it is one of the oldest companies in Ghana.
In 1987, Standard Chartered sold all its shareholding in Standard Bank of South Africa, entirely divesting from the group. [10] The stock of Standard Chartered Kenya was listed on the Nairobi Securities Exchange (NSE) in 1989, [11] offering 21 million shares to the public. This was the largest single placing at the NSE at the time.
Standard Chartered Zambia, officially Standard Chartered Bank Zambia Plc, commonly known as is a Stanchart Zambia, is a commercial bank in Zambia and a subsidiary of Standard Chartered. It is licensed by the Bank of Zambia , the central bank and national banking regulator.
Standard Chartered Bank Zimbabwe is the oldest financial institution in Zimbabwe, having been established as Standard Bank in 1892. The current bank was created when Standard Bank merged with Chartered Bank in 1969. [4] According to the bank's website, Stanchart Zimbabwe served in excess of 90,000 account holders, as of May 2018. [5]
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