StanChart advises staff to postpone travel to Middle East after Iran conflict

The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS
HONG KONG, March 2 (Reuters) – Standard Chartered has advised staff to postpone any planned travel to the Middle East, the bank said on Monday, following U.S. and Israeli military strikes on Iran.
The bank said it was not experiencing a direct impact on its operations, with its locations continuing to function under existing arrangements, according to a company spokesperson.
The lender, which is focusing on growing cross-border services and wealth management in and from Middle East markets, said it also advised employees in the region to shelter in place until further notice.
Standard Chartered operates in the United Arab Emirates, Bahrain, Saudi Arabia, Qatar, Iraq and Oman, according to its 2025 annual report.

Reporting by Selena Li; Editing by Jacqueline Wong

 

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