Uganda: Absa to Acquire Standard Chartered's Retail, Wealth Business in Uganda ...Middle East

[Daba Finance] Standard Chartered has agreed to sell its retail and wealth management operations in Uganda to South Africa's Absa Group for an undisclosed amount The transaction forms part of Standard Chartered's broader plan to streamline its African portfolio and focus on corporate and investment banking The deal aligns with Absa's Pan-African growth strategy, following similar expansions in East and Southern Africa

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