Stanchart seeks to lure back lost clients -MD

Although Stanchart is still healthy and scoring double-digit growth figures, it has lost some of its former prestige to the point where a sizeable number of its customers have heavily criticised it.

Some of them say it is the bank's service delivery that has let it down, others say it is lack of innovation in bringing the latest products such as cellphone banking, some yet say Standard Chartered has been overtaken because of its firm conservative approach to business at a time when its competitors have been more robust and aggressive.