Founder and Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has disclosed that the group is exploring the possibility of acquiring Standard Chartered Bank Ghana’s retail banking business. …
The Bank will maintain its presence in Ghana through its Corporate and Investment Banking business Standard Chartered PLC yesterday announced its intention to explore the sale of its Wealth & Retail Banking (“WRB”) business in Ghana. …
…sees stablecoins transforming cross-border payments across Africa Standard Chartered has hosted its inaugural Digital Assets Summit in Accra highlighting what it sees as the growing role of stablecoins and other forms of digital money in reshaping cross-border payments across Af …
Standard Chartered has hosted its inaugural Digital Assets Summit in Accra, highlighting the growing role of digital currency, stablecoins and other forms of digital money in reshaping payments ecosystems across Africa and globally The bank said accelerating adoption of digital a …
Standard Chartered Ghana hosted an exclusive commemorative client dinner to celebrate 130 years of service, partnership and impact in Ghana, bringing together distinguished clients, business leaders, regulators and key stakeholders for an evening of reflection, appreciation and f …
Standard Chartered Ghana hosted an exclusive commemorative client dinner to celebrate 130 years of service, partnership and impact in Ghana, bringing together distinguished clients, business leaders, regulators and key stakeholders for an evening of reflection, appreciation and f …
Ghana Association of Banks CEO John Awuah says technology alone cannot protect digital finance users who expose passwords, PINs, cards and account details to fraudsters; he emphasizes that while banks invest heavily in cybersecurity and comply with strict security standards, users themselves remain critical to the security chain.
Ghana Association of Banks CEO John Awuah says technology alone cannot protect digital finance users who expose passwords, PINs, cards and account details to fraudsters; he emphasizes that while banks invest heavily in cybersecurity and comply with strict security standards, users themselves remain critical to the security chain.
Africa's financial system has advanced through mobile money and digital lending, with mobile money processing 108 billion transactions worth over US$1.68 trillion in 2024 across 2 billion registered accounts. Digital assets like stablecoins and real-time payment systems offer opportunities to reduce remittance costs and improve transfer efficiency across the continent.
Groupe Nduom founder Dr Papa Kwesi Nduom disclosed the group is assessing the possibility of acquiring Standard Chartered Bank Ghana's retail banking business, with plans to potentially list the new entity on the Ghana Stock Exchange if successful. Dr Nduom called on the Bank of Ghana to prioritise indigenous investors in the sale process, which is expected to take 18 to 24 months subject to regulatory approvals.
Standard Chartered Bank Ghana has assured customers their deposits remain safe and banking services will continue uninterrupted as the bank explores the sale of its Wealth and Retail Banking business, a process expected to take 18 to 24 months subject to regulatory approvals.
Standard Chartered PLC announced it is exploring the sale of its Wealth & Retail Banking business in Ghana, while maintaining its Corporate and Investment Banking operations in the country as part of a group strategy to focus on businesses with greater scale and cross-border capabilities.
Standard Chartered PLC has announced plans to explore the sale of its Wealth and Retail Banking business in Ghana as part of a broader portfolio review to focus on areas with greater scale and competitive advantage. The bank will continue its Corporate and Investment Banking operations in Ghana, pending regulatory approvals.
Standard Chartered hosted its inaugural Digital Assets Summit in Accra, highlighting stablecoins and digital money as transformative for cross-border payments across Africa. The bank's Global Head of Digital Assets said the global stablecoin market, currently valued at roughly US$300 billion, could expand to about US$2 trillion by 2028, though regulatory frameworks and risk management systems will be needed to support sector development.
Standard Chartered held its inaugural Digital Assets Summit in Accra, discussing the role of digital currencies, stablecoins, and digital money in reshaping Africa's payments ecosystems. The bank's research estimates the global stablecoin market could expand from roughly US$300 billion to about US$2 trillion by 2028, with significant deposit migration expected across emerging markets.
Standard Chartered Ghana held a commemorative client dinner to celebrate 130 years of service and partnership in the country, attended by clients, business leaders, regulators, and the Second Deputy Governor of the Bank of Ghana. The Bank's CEO reflected on its role supporting Ghana's economic growth across trade, infrastructure, manufacturing, agriculture, oil and gas, capital markets, and digital transformation since 1896.
Standard Chartered Ghana hosted a commemorative client dinner to celebrate 130 years of service and partnership in Ghana, attended by business leaders, regulators and stakeholders. The Bank's CEO highlighted its role supporting Ghana's economic growth across trade, infrastructure, manufacturing, agriculture, oil and gas, and digital transformation.
Standard Chartered Ghana hosted a commemorative client dinner to celebrate 130 years of service and partnership since 1896. The Bank of Ghana's Second Deputy Governor attended as Guest of Honour, and the CEO reflected on the bank's role in supporting Ghana's economic growth across trade, infrastructure, manufacturing, agriculture, oil and gas, and digital transformation.
Standard Chartered CEO Bill Winters apologised on Friday for upset caused by his remarks about artificial intelligence replacing "lower value" human workers, but did not retract the comments. The bank is cutting nearly 8,000 jobs as it adopts AI technology, with about 15% of back-office support roles affected.
Bill Winters, chief executive of Standard Chartered, apologized after describing employees vulnerable to AI replacement as "lower value human capital" at a conference. The bank expects back-office roles to be cut by about 15% over the next four years, roughly 7,800 of its 82,000 staff.
Banking giant Standard Chartered announced it will cut more than 15% of its back-office roles, around 7,800, by 2030 as it increases its use of artificial intelligence and automation. The firm aims to move some affected workers to other roles in the business.
Africa's fragmented cross-border payment systems are slow and costly compared to global averages, spurring interest in stablecoins as settlement infrastructure. The strategic question is whether African banks will institutionalize stablecoins within regulated frameworks or whether the infrastructure will continue to develop outside formal banking channels.