Standard Chartered Bank considers selling its retail business

By Masauso Mkwayaya

Standard Chartered Bank says it is considering selling its wealth and retail banking business.

Managing Director and Chief Executive Officer SONNY ZULU says if implemented the Company will continue to operate in Zambia serving corporate and investment banking clients.

Mr. ZULU told a media briefing that any transactions that may occur will be subject to regulatory approvals and market conditions.

And Mr ZULU will feature on Sunday Interview to discuss the full details of the decision.