{"id":57912,"date":"2022-04-22T16:19:47","date_gmt":"2022-04-22T14:19:47","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary"},"modified":"2022-04-22T18:31:45","modified_gmt":"2022-04-22T16:31:45","slug":"standard-chartered-bank-group-selling-its-zimbabwean-subsidiary","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary","title":{"rendered":"Standard Chartered Bank Group Selling It\u2019s Zimbabwean Subsidiary"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>Standard Chartered Zimbabwe Limited is set to change ownership after Standard Chartered Bank Group announced that it will be selling off subsidiary business interests in some countries in the Middle East and Africa, including Zimbabwe. The process which is called Divestiture is said to be in line with the Group\u2019s new business model and strategic repositioning. In a statement, seen by Pindula News, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Panonetsa Mangudya, said the change will not affect Standard Chartered Bank Zimbabwe\u2019s operations. Reads the statement by the central bank:<\/p>\n

The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that, Standard Chartered Bank Zimbabwe Limited has formally advised that the Standard Chartered Bank Group has made a decision to divest of its business interest in Zimbabwe.<\/p>\n

Standard Chartered Bank Zimbabwe Limited has advised that the divestiture from some countries in the Middle East and Africa, including Zimbabwe, is in line with the Group\u2019s new business model and strategic repositioning.<\/p>\n

While the divestiture will result in change of ownership and control of Standard Chartered Bank Zimbabwe Limited, the latter which is currently adequately capitalized, liquid and profitable will continue to operate normally under the purview of the Bank.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. Standard Chartered Zimbabwe Limited is set to change ownership after Standard Chartered Bank Group announced that it will be selling off subsidiary business interests in some countries in the Middle East and Africa, including Zimbabwe. The process which is called Divestiture is said to be in line with the Group\u2019s new business […]<\/p>\n","protected":false},"author":84,"featured_media":57911,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,35,12,15],"tags":[1493,2189,19],"class_list":["post-57912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nStandard Chartered Bank Group Selling It\u2019s Zimbabwean Subsidiary - zimbabwe<\/title>\n<meta name=\"description\" content=\"Standard Chartered Zimbabwe Limited is set to change ownership after Standard Chartered Bank Group announced that it wil ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Standard Chartered Bank Group Selling It\u2019s Zimbabwean Subsidiary\" \/>\n<meta property=\"og:description\" content=\"Standard Chartered Zimbabwe Limited is set to change ownership after Standard Chartered Bank Group announced that it wil ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-22T14:19:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-22T16:31:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/04\/postQueueImg_1-6262d829abe4a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"449\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Standard Chartered Bank Group Selling It\u2019s Zimbabwean Subsidiary\",\"datePublished\":\"2022-04-22T14:19:47+00:00\",\"dateModified\":\"2022-04-22T16:31:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\"},\"wordCount\":225,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/04\/postQueueImg_1-6262d829abe4a.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/standard-chartered-bank-group-selling-its-zimbabwean-subsidiary\",\"name\":\"Standard Chartered Bank Group Selling It\u2019s Zimbabwean Subsidiary - 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