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RBZ approves FBC acquisition of StanChart

THE Reserve Bank of Zimbabwe (RBZ) has approved FBC Holdings Limited's (FBCHL) purchase of Standard Chartered Bank Zimbabwe Limited (SCBZL), making it one of the biggest banks in the country.As previously reported, in April 2022, SCBZL's f…

Published: 15 Nov 2023 at 05:12hrs | 13 | by Staff reporter

Zimbabwe's FBC Holdings acquires Standard Chartered Bank's business portfolio

Zimbabwe's FBC Holdings Limited and Standard Chartered Bank have reached an agreement for the acquisition of the latter's business portfolio in the country, subject to regulatory approval by the Reserve Bank of Zimbabwe.The deal, which wil…

Published: 08 Jun 2023 at 18:04hrs | 2 | by Staff reporter

FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?

THE proposed takeover of Standard Chartered Bank Zimbabwe (StanChart), the country's oldest financial institution, has moved a gear up after five prospective investors including local and regional entities submitted their bids, the Zimbabw…

Published: 21 Jan 2023 at 11:25hrs | 20 | by Staff reporter

Stanchart Bank closes branch

Standard Chartered Bank, one of the  country's biggest and oldest financial institutions, has said it will  close its Gweru branch next month and transfer the city's accounts to  Bulawayo. In a statement, the bank's Head, Re…

Published: 06 Sep 2019 at 06:59hrs | 1 | by Staff reporter

'Standard Chartered Bank won't exit Zimbabwe'

The country's oldest banking institution, Standard Chartered Bank Zimbabwe has said it is here to stay and will not exit the market anytime soon.StanChart CEO Ralph Watungwa told guests at the launch of the refurbished Africa Unity Square …

Published: 18 Jun 2017 at 10:21hrs | 1 | by Staff reporter

StanChart Zimbabwe exporting jobs to Kenya, India?

The Zimbabwe Banks and Allied Workersâ€™ Union (ZIBAWU) has accused Standard Chartered Zimbabwe of exporting jobs to its Kenyan and Indian counterparts by migrating a number of processes and services to these domains. The union claims that…

Published: 03 Feb 2016 at 06:17hrs | | by Staff reporter

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Search / Stanchart

RBZ approves FBC acquisition of StanChart

Zimbabwe's FBC Holdings acquires Standard Chartered Bank's business portfolio

FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?

Stanchart Bank closes branch

'Standard Chartered Bank won't exit Zimbabwe'

StanChart Zimbabwe exporting jobs to Kenya, India?

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