Bank & Insurance
CDC signs off on new cheque for Standard Chartered

CDC signs off on new cheque for Standard Chartered

The British development institution will support trade activities at the bank, one of its regular partners.

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            ▪ CDC signs off on new cheque for Standard Chartered

▪ The British development institution will support trade activities at the bank, one of its regular partners.

http://www.jeuneafriquebusinessplus.com/en/806076/cdc-signs-off-on-new-cheque-for-standard-chartered/

13/11/2020 at 22h01, by Jeune Afrique Business+

In detail, the US$100 million funding line will enable Standard Chartered to increase its liquidity. The funds, which consist of risk-sharing, will be channelled primarily towards countries in economic difficulty in sub-Saharan Africa, the two London-based groups explain.

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