Home Business StanChart retains Kenya unit in Africa exit strategy

StanChart retains Kenya unit in Africa exit strategy

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Business Daily | by Victor Juma


UK banking multinational Standard Chartered Plc is exiting five African markets in a strategic review that will leave it with the Kenyan and Nigerian subsidiaries as its most important units in the continent.

The London Stock Exchange-listed firm on Thursday announced it would sell its operations in Angola, Cameroon, Zimbabwe, Gambia and Sierra Leone besides exiting Jordan and Lebanon…

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