Published: 01 June 2018

Standard Chartered Zimbabwe is mulling engaging United Kingdom development finance institution, CDC, for an additional loan funding to support private sector, as it emerged Britain's first loan to the country in over 20 years, has all been committed.

The $100 million loan package, which Standard Chartered obtained from CDC for the private sector, was targeted at companies in sectors like food processing, manufacturing and agriculture, while lack of funding has choked efforts to ramp up production.
- Business Weekly

You might also want to read this

• StanChart opens Anfield doors
• StanChart scales down in Zimbabwe
• StanChart rolls out retail digital banking
• StanChart launches its first-ever digital bank in Africa
• StanChart appoints Drogba ambassador
• StanChart to close seven branches
• Britain's StanChart bails out Zimbabwe govt
• StanChart invests $7.1m in branch modernisation
• Stanchart profit rises 11%
• StanChart appoints new southern Africa CEO