Standard Chartered is set to host an Investor Seminar focusing on its Corporate & Investment Banking (CIB) division. The bank aims for an annual growth rate of 5%-7% and will discuss new client-led initiatives to achieve this target.
The bank's strategy leverages its international network, recently enhanced by regulatory approval to open an office in Morocco. This expansion aims to strengthen relationships with businesses in sectors such as agro-industrial, automotive, aeronautics, and renewable energy. The Morocco office will also facilitate connections across Africa and the European Union.
Roberto Hoornweg, Co-Head of CIB and CEO for Europe & Americas and Middle East and Africa, stated: “Standard Chartered is characterised by the diversity of our product set, our client segments, and the unique access that we offer to a network of dynamic markets. We act as a superconnector for the flows of capital, goods and services of leading cross-border financial institutions.”
In addition to geographic expansion, Standard Chartered is focusing on high-returning business areas like the Financial Institutions client segment. A new coverage team for financial sponsor clients has been established with around 25 bankers based in New York, London, and Dubai.
Sunil Kaushal, Co-Head of CIB and CEO for ASEAN and South Asia commented: “The investors and sponsors space has been evolving...We are stepping up our efforts to serve this segment.”
Standard Chartered is also active in high-growth markets including RMB payments, Islamic Finance, and Sustainable Finance. The bank reports significant progress in these areas with projections indicating substantial future growth.
Further details about the seminar can be found at sc.com/investors.