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Standard Chartered to Launch Banking Operations in Saudi Arabia

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Standard Chartered has been licensed to launch banking operations in Saudi Arabia, already one of the best performing markets in the region for the international lender.Stanchart, as the bank is popularly known, started talks with regulators in the Kingdom to obtain a banking license in 2017. Now those talks have come to fruition.

Stanchart, as the bank is popularly known, started talks with regulators in the Kingdom to obtain a banking license in 2017. (Shutterstock)

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