Bank Posts Growth in Middle East

Standard Chartered has seen strong revenue growth across the Middle East, said Standard Chartered Mena regional chief executive Shayne Nelson. "Despite the global economic slowdown, we have remained open for business for our customers and continued to support them. "We are seeing signs of improving macroeconomic data across our markets."With over 90 years of deep rooted knowledge across the Middle East, the bank has a proven and long-standing commitment to the markets in which we operate," he said. "We will continue to perform a critical role supporting investment and trade growth within its emerging markets footprint, providing specialist financial tools and strategic advice to its clients," he added. - Gulf Daily News