Stanbic - Standard Bank Has No Links To Sudanese B
STANDARD BANK INVESTMENT CORPORATION LIMITED
(incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
Share code SBC
ISIN code : ZAE000014858
Standard Bank has no links to Sudanese bank
In response to reports that Standard Bank has a banking relationship with
the Al Shamal Islamic Bank of Sudan, we place the following on record:
- Standard Bank London opened a call account for Al Shamal Bank on October
23 1995.
- This account was opened in anticipation of a trade finance transaction,
which did not materialise with this bank.
- The account was never used and we closed it on 30 March 2000.
- We have not identified any other transactions between ourselves and Al
Shamal Bank, nor do we have any links with this bank.
Johannesburg
27 September 2001
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