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StanChart bets on transaction banking in East focusStandard Chartered plans to expand its transaction banking business to capture global trade flows that are increasingly shifting East, a senior executive said. The bank, wh More… |
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ADCB sells $300m of subordinated bondsAbu Dhabi Commercial Bank will sell $300 million in a subordinated bond on Wednesday, according to the deal arranger, just over two months after its last debt markets outing. The lender had aimed to issue a benchmark-sized subordi More… |
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Standard Chartered’s credit card wins awardStandard Chartered Bank’s MasterCard Titanium Credit Card won the “Best New Credit Card in the Middle East” award during the Cards Middle East Forum 2013, a statement said. The credit card has been recognised for More… |
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Saudi CPC wins $150m Islamic fundingConstruction Products Holding Company (CPC), the industrial arm of Saudi Binladin Group (SBG) has secured a $150 million Murabaha facility from Standard Chartered in a transaction rated by world-r More… |
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Top global banks in India tax rowIndia said 27 companies, including the local units of HSBC, Standard Chartered and Vodafone, underpaid taxes in the last fiscal year after they sold shares to their overseas arms too cheaply. Finance Minister P Chidambaram named t More… |
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StanChart to host macro-economic sessionsStandard Chartered is set to host a Macro-Economic briefing session titled, "Transforming, Rebalancing, and Outperforming” for its corporate clients in Abu Dhabi on April 28. The bank More… |
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Gulf bond issuance to hit $37bn in 2013Total US dollar-denominated bond issues from the six Gulf countries are expected to hit $37 billion in 2013, dominated by sales from Dubai, according to a research report from Standard Chartered. More… |
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Bahrain's economy 'to grow 4.5pc this year'Bahrain's economy is set to grow by 4.5 per cent this year and over 5 per cent next year, according to a leading private bank's top economist. The main driver of GDP growth in the kingdom will be the oil sector, Standard C More… |
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StanChart names new CEO for LebanonStandard Chartered has appointed Dan Azzi, a seasoned Lebanese banker with global expertise, as the new chief executive officer for its operations in Lebanon. This is the first time the bank has appointed a Lebanese to lead its st More… |
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StanChart plans new digital services in UAEStandard Chartered has announced that it will be introducing a series of digital services and solutions including mobile and online banking to the UAE market this year. The bank also inaugurated its fifth Electronic Banking Unit ( More… |
