Stanchart Launches Offshore Fixed Income Product

Monday, November 16, 2015

Peter McC van Riet-Lowe.PIC: KENNEDY RAMOKONE

Standard Chartered Bank Botswana has launched an offshore fixed income proposition, which offers investors opportunity to directly access a range of investment grade bonds issued by corporates and sovereigns.

The bank is the first in the market to make these investment instruments available to retail customers through a local distribution channel.

Biswaroop Barua, group head of credit products at Standard Chartered Bank Singapore said the primary purpose of offering fixed income instruments is to service clients who typically have a low-to-medium risk appetite.

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