Winters believes the existing branch network of Standard Chartered remains important, complementing the new virtual bank services. Photo: Bloomberg

Standard Chartered will target tech-savvy young customers as it gears up to join Hong Kong’s virtual banking race, says CEO Bill Winters

  • The 162-year-old lender is one of eight firms that won virtual bank licences in Hong Kong last year and is expected to launch the new services in 2020
  • The lender’s virtual-bank services in Africa have attracted more new customers in the last 12 months than in the previous 12 years
Topic |   Banking & Finance
Winters believes the existing branch network of Standard Chartered remains important, complementing the new virtual bank services. Photo: Bloomberg
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