Business Hilights

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Standard Chartered Bank

StandChart, Airtel Africa partner to drive financial inclusion in Africa

Standard Chartered Bank and Airtel Africa Thursday 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…

StandChart ends charges onr ATM withdrawals, transfers for customers

Leading international banking group, the Standard Chartered Bank has announced that henceforth, its customers withdrawing money from any of its Automated Teller Machines (ATM) will no longer be charged N65 no matter the number of times. The bank, which announced…

Ecobank, StandChart drive Capital Importation to Nigeria in Q3 2019—NBS

Latest release from the National Bureau of Statistics (NBS) has shown that Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals. Details of the Bureau report…

MTN, CBN reach truce on $8.1bn CCI crisis, but matter still in court

Truce on the breach bordering on Certificate of Capital Importation (CCI) procedure between the Central Bank of Nigeria (CBN) and MTN Nigeria is underway, however, there is yet no comment from both sides on settlement out of court to demonstrate…

Ghana charged to watch out for potential risks as it deepens diversification

The Economic Outlook of Ghana has been given a pass mark by the Chief Economist for Africa at Standard Chartered Bank, Razia Khan. In an interview with Business Hilights Ghana Bureau chief in Accra, the ace economist advised the government…

Standard Chartered Bank unveils first-ever Africa’s Digital Bank in Côte d’Ivoire

Standard Chartered Bank weekend, announced the official launch of its digital bank in Côte d’Ivoire. This marks the Bank’s first digital bank in Africa and the first-of-its-kind to open in Côte d’Ivoire. Mr. Bruno Nabagné KONE, Minister of Information technologies…

Afreximbank seals $632.9m, €449.6m syndicated loan deal

African Export-Import Bank has successfully closed a record deal of $632.9 million and 499.6 million Euro dual-tenor dual-currency syndicated term loan facility. In a statement weekend, the bank said the general syndication stage of the $632.9m and 499. 6 million…