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Who would like to buy Pembroke?


Photo: Standard Chartered

Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke.

 

Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity - and serves airline and financial institution clients across North America, Europe, Asia, Africa, and the Middle East. The aviation finance business represents around 2% of total group income and around 1% per cent of group RWA.

 

Simon Cooper, CEO of corporate, commercial & institutional banking and Europe & Americas: "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." (ah)

www.sc.com