Standard Chartered Bank

Standard Chattered Bank

In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger, Standard Bank Nigeria was incorporated locally to take over the business in Nigeria.
In 1971, 13% of the share capital was placed with Nigerian investors. The end of the civil war saw a major economic upturn and as a consequence, the military government sought to increase local control of the retail-banking sector.
Standard Chartered re-entered Nigeria in 1999 and opened to customers on the 15th of September 1999 as a wholly owned subsidiary of Standard Chartered Bank Plc, headquartered in United Kingdom.
It now has sixteen branches located in Lagos, Port Harcourt, Abuja, Ibadan, Kano, Aba and Ota offering a wide range of products and services in both consumer and wholesale banking. It employs over 380 employees and sees Nigeria as a growth centre.

The head office is at no 42 Ahmadu Bello Way Victoria Island, Lagos.




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