Absa Bank Uganda, a subsidiary of the pan-African Absa group, has completed the acquisition of Standard Chartered Uganda’s Wealth and Retail Banking (WRB) portfolio. The transaction is subject to regulatory approvals. This transaction is part of Standard Chartered’s global strategy to focus its resources on its highly differentiated segments, with its Corporate and Institutional Banking…...
Trending
- Exclusive Interview – Thierno Habib Hann, CEO of Shelter Afrique Development Bank
- CIMA Zone: Senegal becomes the second largest insurance market, with a turnover of 311 billion FCFA
- S&P confirms Afreximbank’s investment grade rating with BBB+
- CEMAC: Weak collection of community tax threatens the functioning of institutions
- Equatorial Guinea: Nearly $355 million in savings thanks to the revision of construction costs
- Creditinfo Central Africa establishes itself in Chad
- Ghana International Bank appoints Ian Greenstreet as its CEO
- Angola Telecom and Telecom Namibia invest 118 million USD in a regional submarine link
