South Africa's Standard Bank has been awarded a banking license in Ivory Coast, one of Africa's fastest growing economies, extending its reach to 20 countries on the continent, the lender said on Monday.
South Africa's Standard Bank awarded banking license
Standard Bank is already present in over 19 countries in Africa and is looking to expand to more as it continues to expand across the continent
Customers queue to draw money from an ATM outside a branch of South Africa's Standard Bank in Cape Town, March 15, 2016. REUTERS/Mike Hutchings
Recommended articles
"Standard Bank – trading as Stanbic Bank – has been formally awarded a banking license in Côte d’Ivoire," it said in a statement, adding that it was gearing up to commence banking operations but did not give a timeframe.
Standard Bank is already present in over 19 countries in Africa and is looking to expand to more as it continues to expand across the continent.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Nigeria wins UN Economic, Social Council seat
Sanwo-Olu appoints SSG, re-appoints 2 others
Tinubu signs bill to extend judicial officers retirement from 65 to 70 years
Kano APC seeks tribunal’s order to inspect governorship election materials
Yar’Adua bags posthumous award, ex-UNILAG VC, others honoured
PDP wants Ogun, Nasarawa governorship tribunals transferred to Abuja
Family breaks silence on Anambra Senator’s death
Niger Speaker dissolves Assembly as 2 of 27 members make return
Coalition tasks Tinubu on 5 rejected gender bills
Pulse Sports
'There are people in Barcelona who don't want me to return' — Messi
EXCLUSIVE: ‘It is only Paul Onuachu’ — Frank Onyeka reveals his Super Eagles friend
Explained: How much will Lionel Messi earn at Inter Miami in USA?
Ese Brume soars to her best mark this season at ORLEN's Cup
Romelu Lukaku gives advice on how to stop racism in football
Victor Osimhen’s unprecedented Capocannoniere
ADVERTISEMENT