BUSINESS NEWS

StanChart opens Anfield doors

Standard Chartered Bank has flung open the doors of Liverpool's Anfield Stadium in a lifetime experience for seven footballers who will win the fourth edition of the popular Standard Chartered Cup tha...

By Staff reporter | Published: 10 October 2019

FINANCIAL SERVICES

StanChart scales down in Zimbabwe

STANDARD Chartered has retrenched more than 100 employees with more lay-offs planned as the bank has begun outsourcing some of its operations in Zimbabwe to countries such as Kenya, Malaysia, China an...

By Staff reporter | Published: 03 May 2019

FINANCIAL SERVICES

StanChart rolls out retail digital banking

The country's oldest financial institution, Standard Chartered Bank Zimbabwe (StanChart), is planning to strengthen its franchise by rolling out its first digital banking platform for its retail custo...

By Staff reporter | Published: 02 May 2019

FINANCIAL SERVICES

Stanchart posts 38% improvement in profit-after tax

STANDARD Chartered Bank Zimbabwe (Stanchart) has posted a 38% increase in profit-after-tax to US$18,36 million in the full year ended December 31, 2018, driven by the bank's digitisation strategy.The ...

By Staff reporter | Published: 26 April 2019

FINANCIAL SERVICES

StanChart seeks more funds from UK's CDC

Standard Chartered Zimbabwe is mulling engaging United Kingdom development finance institution, CDC, for an additional loan funding to support private sector, as it emerged Britain's first loan to the...

By Staff reporter | Published: 01 June 2018

FINANCIAL SERVICES

StanChart limits Visa Card use

STANDARD Chartered Bank Zimbabwe (StanChart) has introduced annual limits for its Visa Card and prohibited its use in offshore investments, The Financial Gazette reported.StanChart joins other local b...

By Staff reporter | Published: 13 April 2018

FINANCIAL SERVICES

StanChart launches its first-ever digital bank in Africa

Standard Chartered Bank today 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'Ivoir...

By Staff reporter | Published: 16 March 2018

FINANCIAL SERVICES

StanChart appoints Drogba ambassador

Standard Chartered Bank has appointed Ivorian football legend Didier Drogba as its digital bank ambassador.Drogba will be endorsing the bank's first digital bank in Africa to be launched in Abidjan, C...

By Staff reporter | Published: 08 March 2018

FINANCIAL SERVICES

StanChart to close seven branches

Standard Chartered Bank is set to close at least seven branches across the country due to the emergence of mobile and online banking platforms, which have taken a toll on banking sector jobs. The staf...

By Staff reporter | Published: 22 February 2018

FINANCIAL SERVICES

StanChart riles depositors over Ecocash

STANDARD Chartered Bank has riled its depositors after taking long to integrate its system with Ecocash, to enable them to transact with others who do not have formal bank accounts.Ecocash is Econet W...

By Staff reporter | Published: 01 February 2018

FINANCIAL SERVICES

Britain's StanChart bails out Zimbabwe govt

THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...

By Staff reporter | Published: 26 January 2018

FINANCIAL SERVICES

StanChart invests $7.1m in branch modernisation

Standard Chartered Bank (StanChart) says the opening of its relocated Avondale branch underscores the financial institution's commitment to provide an ambient and convenient banking environment for it...

By Staff reporter | Published: 23 January 2018

FINANCIAL SERVICES

Stanchart profit rises 11%

STANDARD Chartered Bank Zimbabwe (Stanchart) says profit for the half year to June 30, 2017 rose 11 percent to $6,8 million compared to $6,1 million recorded during the same period in the prior year.C...

By Staff reporter | Published: 01 September 2017

FINANCIAL SERVICES

StanChart appoints new southern Africa CEO

Standard Chartered (StanChart) has announced the appointment of Kweku Bedu-Addo, as new chief executive of South Africa and southern Africa.The region comprises Angola, Botswana, Mauritius, Zambia an...

By Staff reporter | Published: 28 August 2017

FINANCIAL SERVICES

Taking StanChart Goal to even greater heights

Standard Chartered Goal Programme hosted a two-day summit titled Beyond Girls' Education Global Summit 2017. The summit agenda highlighted the best practises and opportunities to support adolescent gi...

By Agencies | Published: 22 July 2017

FINANCIAL SERVICES

Stanchart to review operations

Standard Chartered Bank Zimbabwe Limited (Stanchart) is embarking on a restructuring exercise in line with its parent company's - Standard Chartered Plc - review of its global branch network.Samuel Ru...

By Staff reporter | Published: 07 June 2015

FINANCIAL SERVICES

Stanchart Zimbabwe profit declines

Standard Chartered bank Zimbabwe recorded a 47 percent decline in their profit before tax for the year end 31 December 2013 which as at $13,2 million a drop from 2012 same period's profit of $23,5mill...

By Staff reporter | Published: 27 March 2014

FINANCIAL SERVICES

IDCZ to close StanChart account

Foreign-owned bank Standard Chartered Zimbabwe has ordered the Industrial Development Corporation to close its bank account with the institution next month as part of widespread Western-backed sanctio...

By Staff reporter | Published: 29 January 2014

BUSINESS NEWS

Stanchart earnings decline

STANDARD Chartered Bank of Zimbabwe Limited profit for the six months to June has narrowed to $7,2 million compared with $8 million over the same period last year due to growth in operating expenses.D...

By Business reporter | Published: 10 September 2013

FINANCIAL SERVICES

Stanchart profits down 10%

Standard Chartered Bank Zimbabwe Limited (StanChart)'s profit after tax slumped 10 percent to $7,2 million in the half year to June 2013, weighed down by a tough operating environment.The financial i...

By Staff reporter | Published: 03 September 2013

POLITICS

Kasukuwere not backing down on StanChart indigenisation

THE National Indigenisation and Economic Empowerment Board has written to Standard Chartered Bank Zimbabwe threatening to revoke its licence if the British-owned bank does not comply with the countr...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Zim empowerment board threatens to shut down Stanchart Bank

THE Economic empowerment board has threatened to shut down British-owned Standard Chartered bank and three mining companies until they comply with the country's indigenisation laws.According to sta...

By Staff reporter | Published: 10 June 2013

FINANCIAL SERVICES

Stanchart opens another branch in Bulawayo

Standard Chartered Bank has added a second branch in Bulawayo with officials saying the financial institution is playing its role in the industrial revival of the city. The bank plans to invest $10...

By Staff reporter | Published: 10 June 2013
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