Standard Chartered Bank Zambia plc (Lusaka Stock Exchange: SCZ)


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Business Description
Standard Chartered Bank Zambia Plc (the Bank) is a Zambia-based bank engaged in providing individual and corporate banking services and products. The Banks segment includes: Origination client coverage, Includes the Bank’s trading, corporate finance activities, loans, trade finance, cash management, deposits and other transactions with corporate customers; Global markets, includes the treasury unit undertakes the Bank’s management and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid assets such as short-term placements and corporate and government securities; Consumer banking, includes loans, deposits and other transactions with retail customers, and Wholesale Banking, comprises of origination client coverage and global markets. It is a subsidiary of Standard Chartered Bank Plc, London