StanChart sees big growth in mid-market segment
Even as financial institutions grapple with the global credit crunch post the sub-prime crisis, Standard Chartered Bank finds itself well positioned to support the growth of companies in Asia, West Asia and Africa.
The squeeze in credit has made effective liquidity management critical for companies, and this presents an opportunity for banks such as Standard Chartered.
For Standard Chartered Bank, transaction banking contributes around 50 per cent of its global revenues. Under transaction banking, it offers cash management, trade services, securities services and electronic channels among other services.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment