CLAIM: ‘Standard Bank has set its HQ in Lusaka It has closed its office in Harare and crossed the border to build its headquarters in Zambia after 130 years in Zimbabwe.’
SOURCE:Account on X (formerly Twitter)
On 26 May 2024, an X (formerly Twitter) user Joseph Kalimbwe,@joseph_kalimbwe, posted a message claiming that Standard Bank had set its headquarters in Lusaka, Zambia after quitting Harare, having operated in Zimbabwe for 130 years Kalimbwe added: ‘Banks have no time for politics, when they see the economy isn’t favorable, they just pack their bags & leave!!!’
His message attracted some of the following responses from other X users:
Themba Ncube @tembancube92, ‘This is Standard Chartered bank not Standard Bank Joseph, Standard Bank is still there in Harare’ *Ngonie_M* @_mhlanga, ‘You don’t know what you are talking about young man
Standard Chartered Bank and Standard Bank are different’ In April 2022 Standard Chartered Bank announced that it was closing its operations in Zimbabwe after 130 years in the country The banking group said it was exiting seven markets around the world, including Zimbabwe, to cut costs.In a statement, the bank said it would close operations in Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra Leone and Zimbabwe A notice on the banking group’s Zimbabwe website, reads as follows:‘We no longer have offices in Zimbabwe
If you were an online banking user of Standard Chartered Bank Zimbabwe, please reach out to FBC Holdings or visit www.fbc.co.zw/ for more information If you want to find out more about the Standard Chartered Bank group, visit us at www.sc.com/en.’
Source: FactCheckZW
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Source: Factcheckzw
