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Standard Chartered started offering banking services through its branch in Al Faisaliah in Riyadh, Reuters reported.

 

Sarmad Lone, regional head of client coverage for corporate, commercial and institutional banking, said that the bank employs 25 staff and aims to grow its team ensuring the employment and development of Saudi talent.

 

According to the data compiled by Argaam, in February 2019, the Cabinet approved licensing Standard Chartered to open a branch in the Kingdom.

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