After expanding in Egypt ... Morocco is on the "Standard Charterd" radar

The standard that is charged banking is studying the expansion of its operations in Africa, as part of its effort to improve its activities in the field of wealth management and financial transactions, after remains of its smaller operations within the continent for the past three years. “While we have expanded in Egypt through the establishment of an integrated bank, we also look at similar opportunities in a country or two others … There are different countries being studied, including Morocco.” “Standard Chartrad” is aimed at Africa, Igberink explained that the timing of the implementation of this step depends on the collaboration with the regulators, the necessary licenses, proper care procedures and the appetite of clients. The move aims to improve the bank’s strategy’s strategy, which is to focus on wealth management work and financial transactions across the border, to the retirement of a number of units in Africa and the Middle East since April 2022 in the quest to simplify its business model. He was out of his units in Zimbabwe, Angola, Cameroon, Gambia, Sierra Leone, Jordan, Lebanon and Tanzania, and he currently wants to sell his bank companies to individuals in Botswana, Uganda and Zambia. Egypt .. Standard Chartard Gate opened standard Chartrad as branch in Egypt in January last year, given the central gate to Africa and the Middle East. Igberink also indicated that the bank still maintains a tendency for risk in South Africa. This comes despite the tension between the largest partner in the country’s coalition government on the path of the economy and the budget, as well as the atmosphere of the global security left by the comprehensive customs duties by US President Donald Trump. He added: “None of our clients flee. All our clients from the United States, from Europe and Asia still ask:” What can we do too? ” ‘He explained that’ Standard Chartrad ‘has benefited from the withdrawal of a number of its global competitors from the South African market. In South Africa, the standard ticket witness of an activity in the conclusion of transactions in the sectors of metal and mining, retail clothing, manufacturing, construction and water treatment is.