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Article: Jacko Maree.(Jacko Maree from Industrial and Commercial Bank of China)(Jiang Jianqing from Standard Bank Group Ltd.)(Troika Dialog)(Interview)
- Article from:
- The Banker
- Article date:
- July 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Charlie Corbett
In a cramped, hot, airless meeting room in Cape Town's Westin Grand hotel, Jacko Maree, chief executive of Standard Bank, takes questions from journalists. Alongside him is Jiang Jianqing, chairman and chief executive of the Industrial and Commercial Bank of China (ICBC). Last year, the two banks signed a deal that left ICBC with 20% of Standard Bank. It was a landmark transaction that many see as a blueprint for Africa's future.
The atmosphere could not be described as tense, but it does feel hurried. Or should that be harried? Both men have snatched half an hour from their busy World Economic Forum schedules to speak to the ...