{"id":1905013,"date":"2023-03-26T07:11:06","date_gmt":"2023-03-26T11:11:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/standard-chartered-agrees-to-sell-business-in-jordan\/"},"modified":"2023-03-26T07:12:04","modified_gmt":"2023-03-26T11:12:04","slug":"standard-chartered-agrees-to-sell-business-in-jordan","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/standard-chartered-agrees-to-sell-business-in-jordan\/","title":{"rendered":"Standard Chartered agrees to sell business in Jordan"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstandard-chartered-agrees-to-sell-business-in-jordan%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1905013&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>Written by Hadeel Al Sayegh<\/p>\n<p>The two parties announced on Sunday that DUBAI( Reuters )- Standard Chartered intends to sell its Jordanian business to Arab Jordan Investment Bank ( AJIB ) as the emerging markets-focused lender moves forward with plans to exit seven markets in Africa and the Middle East.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px; text-align: center;\"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); }); <\/script><\/div>\n<\/p>\n<p>Standard Chartered&#8217;s business, financial and institutional banking, consumer lending, and personal banking businesses will migrate to AJIB as a result of the agreement the bank entered into with the institution, subject to central bank approval.<\/p>\n<p>According to an emailed speech, AJIB did now employ all Standard Chartered Bank individuals in Jordan.<\/p>\n<p>The agreement, according to Sunil Kaushal, CEO of Standard Chartered for Africa and the Middle East, is in line with the bank&#8217;s worldwide strategy to&#8221; produce savings, reduced complexity, and redirect resources within the Africa-Middle East region to places with greatest potential to drive scale, grow and better support people.&#8221;<\/p>\n<p>The purchase, according to AJIB, is part of the Syrian program plan to expand its market have in the nation, which has been expanding ever since it bought the banking operations of National Bank of Kuwait in 2022 and HSBC in Jordan in 2014.<\/p>\n<p>In April 2022, Standard Chartered announced its intention to depart from seven businesses, including Zimbabwe, Angola, Cameroon, Gambica, Jordan, Lebanon, and Sierra Leone.<\/p>\n<p>At the time, the lender stated that it was looking to leave sub-scale markets and concentrate on more rapidly expanding markets in the area, such as Saudi Arabia and Egypt.<\/p>\n<p>( Edited by Louise Heavens and Elaine Hardcastle, reporting by Hadeel Al Sayegh )<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/standard-chartered-agrees-to\/attachment\/the-standard-chartered-bank-logo-is-seen-at-their-headquarters\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Former President Donald Trump&#8217;s case is quickly falling apart as the District Attorney in New York seeks to prosecute him.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Great headlines from the U.S. and around the world have been all over this week. Rachel Acenas of One America has more.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Republicans are stepping back to defend their children&#8217;s ignorance as kids become more concerned about what they are learning in school.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Jim Jordan, chairman of the House Judiciary Committee, tells One America News that an audit and possible indictment of former President Trump by Manhattan District Attorney Alvin Bragg amounts to an effort to sway the results of a national poll.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Northvolt, a Swedish manufacturer of lithium-ion batteries, is reportedly in talks to raise more than$ 5 billion in funding to work toward&#8230;<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>According to Replika CEO Eugenia Kuyda, the robot industry by Anna Tong is reviving romantic roleplay for some customers. &#8230;<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>A U.S. judge ruled that an online library run by the volunteer company World&#8230; by Nate Raymond and Blake Brittain( Reuters)<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Justin Trudeau, the prime minister of Canada, stated on Friday that he was pleased with his recent ban on &#8230; by Steve Scherer OTTAWA( Reuters )<\/p>\n<\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Hadeel Al Sayegh DUBAI (Reuters) -Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as the emerging markets-focused lender presses ahead with plans to exit seven markets in Africa and the Middle East. The bank entered into an agreement with AJIB, subject to<\/p>\n","protected":false},"author":66,"featured_media":1905014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[7174,4284,22791,4356,9365,5424],"class_list":["post-1905013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-agrees","tag-business","tag-chartered","tag-jordan","tag-sell","tag-standard"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1905013"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1905014"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1905013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1905013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1905013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}