Standard Chartered may exit Bahrain retail banking

Standard Chartered Bank is aiming to sell its retail banking activities in Bahrain as part of its strategy to focus on high-growth and competitive sectors. These activities will be reviewed, and the process is expected to take between 18 and 24 months, with corporate and investment banking services continuing as usual. The bank intends to direct its investments toward cross-border operations and serve high-net-worth clients, while maintaining its commitment to the local market and serving its customers in the region.

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