Standard Chartered Bank Zimbabwe

After 130 years in the country, Standard Chartered is leaving Zimbabwe. The group has announced it is exiting a number of operations around the world, including Zimbabwe, to cut costs.
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Standard Chartered Bank Zimbabwe has been criticised for its plans to unilaterally recover from customers uncollected transaction taxes, dating back two years, in just three months.
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Standard Chartered Bank, one of the country’s biggest and oldest financial institutions, has said it will close its Gweru branch next month and transfer the city’s accounts to Bulawayo.
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Standard Chartered Bank, a British multinational banking and financial services group, has said it is waiting for approval by the British government to give the autocratic Zanu PF government a $262 million bailout loan. The British…
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By John Kachembere HARARE - Standard Chartered Bank Zimbabwe has denied externalisation claims laid by its former workers saying the financial institution was committed to reviving the country’s ailing economy by sourcing cheap external…
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Harare - The Zimbabwe unit of UK-based Standard Chartered is owed nearly $28 million (R300m) by the country’s central bank, which accessed foreign currency accounts held on deposit with the British bank by its customers.
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