{"id":482866,"date":"2025-07-15T11:52:11","date_gmt":"2025-07-15T11:52:11","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/07\/15\/standard-chartered-loses-217-million-from-the-sale-of-three-african-subsidiaries\/"},"modified":"2025-07-15T11:52:18","modified_gmt":"2025-07-15T11:52:18","slug":"standard-chartered-loses-217-million-from-the-sale-of-three-african-subsidiaries","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/07\/15\/standard-chartered-loses-217-million-from-the-sale-of-three-african-subsidiaries\/","title":{"rendered":"Standard Chartered loses $217 million from the sale of three African subsidiaries"},"content":{"rendered":"<p>Standard Chartered recorded a loss of $217 million from the sale of its operations in Angola, Zimbabwe, and Sierra Leone. The London-based banking group states that this loss resulting from the sale of the three subsidiaries is largely due to fluctuations in exchange rates, with the Zimbabwean business being the most affected. &#8220;The net loss... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F07%2F15%2Fstandard-chartered-loses-217-million-from-the-sale-of-three-african-subsidiaries%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Standard Chartered recorded a loss of $217 million from the sale of its operations in Angola, Zimbabwe, and Sierra Leone. The London-based banking group states that this loss resulting from the sale of the three subsidiaries is largely due to fluctuations in exchange rates, with the Zimbabwean business being the most affected. &#8220;The net loss&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F07%2F15%2Fstandard-chartered-loses-217-million-from-the-sale-of-three-african-subsidiaries%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":537202,"featured_media":482869,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/07\/14\/standard-chartered-perd-217-millions-de-dollars-suite-a-la-vente-de-trois-filiales-africaines\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12038],"tags":[],"class_list":["post-482866","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bank","category-premium-en","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Standard Chartered loses $217 million from the sale of three African subsidiaries - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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