Standard Chartered scouts for alternate options for aviation finance unit

Standard Chartered scouts for alternate options for aviation finance unit
© Reuters. The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls

(Reuters) – Standard Chartered said on Wednesday it intends to explore alternate options, including a sale, for its aviation finance unit.

“We believe that a new owner can drive the next phase of growth whilst we continue to focus on our commitment to improve shareholder returns and delivering on our 2024 targets” Standard Chartered said in an exchange filing.

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