StanChart launches mobile banking push in Africa as rivals retreat
Standard Chartered Bank branch in Nairobi. Standard Chartered is to launch its mobile and online banking platform in eight African countries as the lender seeks to grow in Africa at a time when some European banks are retreating. PHOTO | FILE
Standard Chartered is to launch its mobile and online banking platform in eight African countries, its consumer banking chief for the region told Reuters, as the lender seeks to grow in Africa at a time when some European banks are retreating.
StanChart will launch the service for its 1 million customers in Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia and Zimbabwe in the first half of 2016, the bank's regional head for retail banking Jaydeep Gupta said.
