File - A man (L) walks past an electronic board screen in a branch of the Standard Chartered bank in Hong Kong on January 8, 2015. AFP PHOTO / Philippe Lopez
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Standard Chartered Plc, the British bank that generates most of its revenue in Asia, plans to exit from its small- and medium-enterprise lending business in Bahrain, according to three sources with knowledge of the matter.Standard Chartered remains committed to Bahrain, although it continues to review its businesses across various markets as part of its new strategy, Ramy Lawand, the bank's Dubai-based spokesman, said.The bank's CEO for Bahrain, Hassan Jarrar, is leaving to head Bahrain Islamic Bank BSC, two sources with knowledge of the matter said in April.
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