Standard Chartered Bank Zambia Appoints Herman Kasekende as Chief Executive Officer and Managing Director

Standard Chartered Bank Zambia Plc is among the Zambian banking group leaders. Income breaks down by activity as follows: - retail banking (46.9%): classical and specialized banking products and services sale (consumer credit, mortgage credit, insurance, etc.); - financing, investment and market banking (14.7%): specialized financing (of acquisitions, of projects, etc.), intervention on shares, rate and change, operations on shares, consulting on merger-acquisitions, etc. markets.; - commercial banking (6.1%); - other (32.3%). At the end of 2018, the group manages ZMW 8,204.2 million of current deposits and ZMW 2,886.3 million of current credits. The products and services marketing is ensured through a network of 17 branches established in Zambia.