British bank Standard Chartered announced on July 14, an agreement with Nigeria’s Access Bank for the sales of its subsidiaries in Angola, Cameroon, Gambia, Sierra Leone and Tanzania.

The transaction is subject to approval from the two parties’ respective regulators.  According to the British bank, the deal is expected to be finalized in the next 12 months, allowing both parties to ensure a smooth transition.

For more information, please see https://www.businessincameroon.com/finance/1607-13286-standard-chartered-reaches-deal-for-sales-of-subsidiaries-in-cameroon-and-four-other-ssa-countries