Standard Chartered’s Wealth & Retail Business in Tanzania handed over to Access Bank PLC

Standard Chartered wraps up divestment of Tanzania operations to Access Bank

Standard Chartered has completed the transfer of its wealth and retail banking business in Tanzania to Access Bank. This handover concludes a strategic divestment announced in April 2022. The bank previously divested its shareholding in subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone. The move aligns with Standard Chartered’s global strategy to improve operational efficiencies, simplify operations, and focus on core strengths. Sta…

Standard Chartered Completes Strategic Transfer of Wealth & Retail Business to Access Bank PLC in Tanzania - Techish Kenya

Standard Chartered completed transfer of Tanzania retail banking operations to Access Bank PLC, maintaining corporate banking presence.

Standard Chartered’s Wealth & Retail Business in Tanzania handed over to Access Bank PLC

Standard Chartered Tanzania has announced that its Wealth & Retail Business has been handed over to Access Bank PLC. In April 2022, Standard Chartered decided to divest from several markets, including a decision to exit the Wealth and Retail business in Tanzania. In 2023, Standard Chartered and Access Bank entered into agreements for the sale […] The post Standard Chartered’s Wealth & Retail Business in Tanzania handed over to Access Bank PLC ap…