Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStandard Chartered Share News (STAN)

Share Price Information for Standard Chartered (STAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 743.80
Bid: 743.80
Ask: 744.20
Change: 8.60 (1.17%)
Spread: 0.40 (0.054%)
Open: 740.00
High: 747.20
Low: 728.60
Prev. Close: 735.20
STAN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Abuja taps StanChart for rail project financing, instead of China Eximbank

Thu, 10th Jun 2021 11:16

(Sharecast News) - Abuja may tap StanChart instead of Chinese lenders for the financing needed to modernise two of the country's main railways.

Speaking to Bloomberg, Nigerian transport minister, Rotimi Amaechi, said talks were under way on the $14.4bn of loans needed to upgrade the narrow-gauge Port Harcourt-Maiduguri track in eastern Nigeria and the standard-gauge coastal line.

Contracts for the construction work in both projects however have already been inked with the local unit of state-owned China Civil Engineering Construction.

The value of the contract for CCECC to renovate the Eastern Line was pegged at $3.2bn and that for the Coastal Line at $11.2bn.

The latter contract was signed in 2014 and in 2017 Nigerian officials had reportedly said that Export-Import Bank of China would soon approve a $3.5bn to begin work.

China Eximbank had already financed $2.3bn-worth of rail projects in the West African country and a further $5.3bn of funds were anticipated to allow CCECC to extend the Lagos-Ibadan line to Kano.
More News
15 Mar 2023 00:00

Coinbase opens local bank transfers for Singapore users at no cost

SINGAPORE, March 15 (Reuters) - Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at a time when markets are on edge over financial stability and crypto banking.

Read more
14 Mar 2023 18:59

Global equities gain, as rising bond yields pressure gold

Global shares gain for first time in six sessions

*

Read more
14 Mar 2023 15:12

Global shares turn higher, stemming rout; bond yields rise

Global shares on track to rise for first time in six sessions

*

Read more
14 Mar 2023 11:59

LONDON MARKET MIDDAY: Stocks up ahead of key US inflation reading

(Alliance News) - Stock prices in London were slightly higher at midday in London on Tuesday, as market attention turns to a US inflation reading, which has taken on new significant following the collapse of Silicon Valley Bank.

Read more
14 Mar 2023 11:36

Shares fall as market stress stokes volatility

LONDON, March 14 (Reuters) - Global shares fell for a sixth day on Tuesday as a brewing U.S. banking crisis prompted investors to downgrade their expectations for interest rate hikes, even ahead of key inflation data later in the day.

Read more
14 Mar 2023 09:41

Shares tumble as stress creeps into markets

LONDON, March 14 (Reuters) - Global shares slid on Tuesday as a brewing U.S. banking crisis prompted investors to downgrade their expectations for interest rate hikes, even ahead of key inflation data later in the day.

Read more
13 Mar 2023 12:05

LONDON MARKET MIDDAY: HSBC-SVB deal fails to boost FTSE 100

(Alliance News) - Shares were lower at midday in London on Monday, as bank shares suffered from the collapse of Silicon Valley Bank.

Read more
13 Mar 2023 11:04

Bank stocks plunge resumes as SVB market turmoil continues

LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to guarantee the deposits of the collapsed tech-focused lender Silicon Valley Bank failed to reassure investors that other banks remain finacially sound.

Read more
13 Mar 2023 10:02

Standard Chartered includes shares in south bound Stock Connect

(Alliance News) - Standard Chartered PLC on Monday said its Hong Kong shares have been included in the south bound Stock Connect programme, which allows investors in mainland China to invest in the Hong Kong market.

Read more
13 Mar 2023 09:26

European bank stocks plunge again as SVB market turmoil continues

SINGAPORE/LONDON, March 13 (Reuters) -

Read more
13 Mar 2023 08:27

After SVB failure, US acts to shore up banking system confidence

WASHINGTON/SINGAPORE, March 13 (Reuters) - U.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank threatened to trigger a broader financial crisis.

Read more
10 Mar 2023 17:08

LONDON MARKET CLOSE: Stocks sharply lower after US payrolls report

(Alliance News) - Stock prices in London closed lower on Friday, as investors digest a week of US-centred data and its implications for the future of interest rates.

Read more
10 Mar 2023 12:10

LONDON MARKET MIDDAY: Stocks sharply lower amid banking sell-off

(Alliance News) - Stock prices in London were deep in the red at midday on Friday as London-listed banks weighed down the FTSE 100 following a steep sell-off of peers across the Atlantic on Thursday.

Read more
10 Mar 2023 09:00

LONDON MARKET OPEN: US bank stock sell-off weighs on global equities

(Alliance News) - Stock prices in London fell sharply at Friday's open, as a positive UK GDP print was overshadowed by concerns for the health of the global financial sector.

Read more
7 Mar 2023 07:52

Chinese exports continue to decline in February

(Sharecast News) - China's foreign trade surplus over the first two months of 2023 was larger than expected as the economy reopened and exports rebounded, while import growth lagged behind.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.