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How Standard Bank is redefining Africa’s SME banking future after Europe’s retreat

Standard Bank Headquarters in Johannesburg, South Africa. Photo: Wiki Commons Media
Standard Bank Headquarters in Johannesburg, South Africa. Photo: Wiki Commons Media
  • European banks leave growing gaps in African banking.
  • Standard Bank targets R250bn SME revenue opportunity.

 

JOHANNESBURG, SOUTH AFRICA — Standard Bank is moving aggressively to capture a vast opportunity emerging from the retreat of European lenders from sub-Saharan Africa, betting that the continent’s small and medium-sized enterprises will become one of banking’s most lucrative growth frontiers.

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