CEO Sim Tshabalala says the bank is considering Morocco and Egypt to better serve multinationals
Standard Bank is considering expanding beyond Sub-Saharan Africa for the first time by venturing into the North African nations of Morocco and Egypt in an effort to better serve multinational and SA-based corporate clients with operations in the largely Arabic-speaking region.
Africa’s largest lender by assets believes Morocco and Egypt are the two most attractive “Mediterranean-facing” economies on the continent due to their substantial populations and sophisticated banking sectors, CEO Sim Tshabalala said an interview...
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