Ivory Coast: Standard Chartered announces that it will cease its retail banking activities

© Koaci.com – Saturday, April 16, 2022 – 4:03 p.m.

The facade of the agency Standard Chartered at the Plateau in Abidjan

The group Standard Chartered recently announced a restructuring of its Africa and Middle East zone in which its banque to individuals in Côte d’Ivoire will cease.

The information was made public today through a press release.

Focus on appearance banque business or not, meanwhile, individual customers of the banque English installed in Ivory Coast are informed that it will cease its activities of banque and, without saying more at this time, that they will be informed of the fate of their account and money.

The press release

Click to enlarge the image

With a very weak agency network and strong competition, even following trying to launch a banque digital, Standard Chartered has never really succeeded in finding its place on the market for banque retail in Côte d’Ivoire, largely dominated by the Ivorian subsidiary of the French Societé Générale, SGBCI.

Amy Toure

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