Site icon DailyNews

StanChart profit jumps as takeover looms

The bank’s core capital was, however, reported below the regulatory minimum capital requirement of US$30 million.

THE acquisition of Standard Chartered Bank Zimbabwe (StanChart) by a new investor will be concluded in the final quarter of the year, the bank has said. In a statement accompanying StanChart’s financial statements for the year ended December 31, 2022 chairman Samuel Mushiri said the process was progressing well and would not have any adverse…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions
Exit mobile version