Stanchart to invest more in Africa to drive its growth

Posted on : Tuesday , 9th August 2016

Standard Chartered Bank plans to improve investment and leverage on international banking expertise to drive growth in Africa through a new brand campaign, Here for Africa.

The bank currently supports more than one million retail customers in Africa and more than 25,000 commercial, corporate and institutional clients. Last November Stanchart committed to $3 billion (Sh300 billion) in investments globally, partly used to fund upgrade of digital and mobile banking platforms.

"Africa remains a key area of strategic investment for us as a group, as we focus in building our own strong franchise and growing safely across the continent," said the regional CEO for Africa and Middle East Sunil Kaushal.

Source : www.the-star.co.ke

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