Source: Standard Chartered |

Standard Chartered and Airtel Africa form partnership to drive financial inclusion across Africa

Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at enhancing the accessibility of financial services

Standard Chartered Bank (www.SC.com) and Airtel Africa have today announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Through the collaboration, Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at…

Source: Standard Chartered |

Standard Chartered appoints CFO for Africa and Middle East

Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region

Standard Chartered (www.SC.com) has today announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region. Most recently, Subhradeep was the CFO for Standard…

Source: Standard Chartered |

Standard Chartered appoints new Head of Corporate Finance for Africa and the Middle East

Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance

Standard Chartered (www.SC.com) has announced that Abbas Husain has been appointed Regional Head of Corporate Finance, Africa and the Middle East (AME). Bringing over nearly 24 years of banking experience, 17 years of which have been with Standard Chartered, Abbas has been leading one of the largest and most successful…

Source: Standard Chartered |

Standard Chartered donates USD11,8m for immediate COVID-19 relief efforts across Africa and the Middle East

The donations will contribute to programmes providing urgent medical support and the protection and education of vulnerable children

Standard Chartered (https://www.SC.com/) today announced donations totalling USD11,8 million to the Red Cross, UNICEF and local non-governmental organisations (NGOs) and Government Partners providing emergency relief in countries across Africa and the Middle East impacted by COVID-19. The donations will contribute to programmes providing urgent medical support and the protection and…

Source: Standard Chartered |

Joint Medical Store from Uganda inaugurates Standard Chartered’s US$1 billion financing programme to help tackle Covid-19

Ugandan NGO coverts facilities to help fight the virus

Standard Chartered (www.SC.com) announced today that Joint Medical Store, the Ugandan not-for-profit organisation, has become the first client to make a drawdown under the Bank’s US$1 billion financing commitment (https://bit.ly/2ynl92A) to help companies tackling Covid-19. JMS’ drawdown for US$2.2m on a loan facility will help them provide healthcare facilities and…

Source: Standard Chartered |

Standard Chartered PLC – Full-Year and Fourth Quarter 2019 Results

All figures are presented on an underlying basis and comparisons are made to the full-year 2018 on a reported currency basis, unless otherwise stated

Standard Chartered PLC (the Group) (https://www.SC.com/) today releases its results for the year and quarter ended 31 December 2019. All figures are presented on an underlying basis and comparisons are made to the full-year 2018 on a reported currency basis, unless otherwise stated. A reconciliation of restructuring and other items…

Source: Standard Chartered |

Standard Chartered commits USD75bn towards Sustainable Development Goals

Bank also commits to net zero carbon emissions from its operations by 2030

Standard Chartered (www.SC.com) has today announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sustainability Aspirations. By the end of 2024, the Bank commits to: providing USD40 billion of project financing services for infrastructure that promotes sustainable development providing…

Standard Chartered
Source: Standard Chartered |

Standard Chartered Bank arranges a US$ 1.46 billion financing to fund the Standard Gauge Railway (SGR) Project

The SGR Rail project will provide a safe and reliable means for efficiently transporting people and cargo to and from the existing Dar es Salaam Port

The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered (SC.com) Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora. Running approximately 550 kilometres long, the SGR project…

Standard Chartered
Source: Standard Chartered |

Improving digital access offers greatest private-sector investment opportunity in achieving the SDGs in Africa, says Standard Chartered

The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa

Opportunity2030 study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in five African countries; The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa: Ghana, Kenya, Nigeria, Uganda, Zambia. Opportunity2030: The Standard…

Source: Standard Chartered |

Oman, the UAE and Bahrain named rising stars of trade

Three Middle Eastern countries rank in the Standard Chartered Trade20 Index, which identifies the markets with the greatest potential for future trade growth

Oman and the UAE feature in the top 10 markets that have most rapidly improved their trade growth potential over the past decade, according to new research from Standard Chartered (www.SC.com). The Trade20 Index, which identifies the 20 rising stars of global trade, also features Bahrain among the nations that…