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…

Source: Standard Chartered |

Côte d'Ivoire and Kenya named rising stars of global trade

African economies come first and third in the Standard Chartered Trade20 Index, which identifies the markets with the greatest potential for future trade growth

Côte d'Ivoire is the market that has most rapidly improved its 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 trade, places African markets Côte d'Ivoire in the top spot, and Kenya at number…

Standard Chartered
Source: Standard Chartered |

Standard Chartered accelerates momentum of its digital strategy across Africa

Standard Chartered announce launch of social banking solution for Africa in Kenya, Uganda, Ghana and Tanzania

Digital banks now available in Botswana, Zambia and Zimbabwe as part of the Bank’s digital transformation strategy for Africa. Standard Chartered (https://www.SC.com/) today announced yet another multi-market launch of its digital bank in Botswana, Zambia and Zimbabwe as part of its digital transformation strategy in Africa. The next wave of…

Source: Standard Chartered |

Standard Chartered maintains its momentum as it introduces more digitally-led retail banks in Africa

The Bank has launched its digital services in Tanzania and Ghana following successful roll-outs in Côte d’Ivoire and Uganda

Standard Chartered (www.SC.com) today announced it had completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly. This follows the launches of the Bank’s digital offering in Uganda in January this year and Côte d’Ivoire in 2018. The…

Source: Standard Chartered |

Standard Chartered launches second wave of digital-only retail banks across four African markets

Roll-out of banking service follows successful pilot launch in Côte d’Ivoire in 2018

Standard Chartered (www.SC.com) today announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital solution in four key markets during the first quarter of 2019 starting in…

Standard Chartered Bank
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Source: Standard Chartered Bank |

Think exponentially, not incrementally: How the rules of the game are changing in Africa’s banking sector

by Sunil Kaushal, CEO, Africa & Middle East at Standard Chartered Bank An abundance of opportunities We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors. African start-ups have raised a record breaking $560 million in 2017, an increase of 53%…