StanChart aims to double its consumer client base by 2025, says top executive
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STANDARD Chartered (StanChart) aims to double its global mass banking and affluent clients by 2025, with the growth powered in part by the burgeoning wealth in Asia, said a top executive from the bank.
This means a total of 20 million consumer clients - about 16 million mass banking clients and four million affluent customers - in four years' time, with the bank viewing the retail piece as just as critical as serving the high net worth.
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