Chartered Bank SubSharan Africa Exits Archives

Stanchart sells interests in Angola, Cameroon, Gambia, Sierra Leone and its Tanzanian retail business to Nigeria’s Access Bank Plc

by Muhereza KyamuteteraCompany News News & Analysis The Big StoryJuly 14, 2023July 14, 2023

Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking (CPBB) business in Tanzania. Each transaction remains subject to the…

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