Standard Chartered Strategy in Kenya | Business Redefined

A conversation with Standard Chartered's Chief Executive, Birju Sanghrajka to discuss the lender's strategy for the Kenyan market. On the discussion:
  • Reclassification to the medium category by the Central Bank of Kenya & what this means for the firm
  • The parent firm's full exit/sale of its onshore operations in five African markets (Angola, Cameroon, The Gambia, Sierra Leone & Zimbabwe), partial exits in others (Tanzania & Côte d'Ivoire) & what this portends for future prospects in the Kenyan market
  • The lender's posture as far as the pervasive retail play in the Kenyan market goes
  • Prevailing macros, credit risk & ongoing recapitalisation in the banking sector
 
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