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StanChart to expand ops here with FTA
Local incorporation sees transfer of SME, consumer banking biz to subsidiary
Published Mon, Oct 7, 2013 · 10:00 PM
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STANDARD Chartered Bank plans to open additional branches following its local incorporation and the completion of a European Union-Singapore free- trade agreement (FTA).
"We expect over time . . . to have approval to have additional branches and ATMs," said StanChart Singapore CEO Ray Ferguson yesterday.
The UK-based bank has 19 branches…
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