StanChart Plans to Exit Seven Markets in Africa, Middle East

Standard Chartered PLC, the UK-based lender, plans to shut down its network in seven countries in Africa and the Middle East. In a statement issued Thursday, it will exit from Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra Leone, and Zimbabwe. In Tanzania and Cote d’Ivoire, the Consumer, Private and Business Banking businesses will be exited and the … Continue reading StanChart Plans to Exit Seven Markets in Africa, Middle East