Overview

COUNTRY CHIEF EXECUTIVE OFFICER
NASER EZAZ BIJOY
Local time GMT +6 hours
Language Bengali, English
Population 164,689,383 (2020 est.)
Currency name Taka (BDT)
No. of Branches 13
No. of ATM Booths 87
Established 1905 (including ANZ Grindlays experience and presence; Standard Chartered Bank originally established its first branch in Chattogram in 1948)

Standard Chartered Bank opened its first branch in Bangladesh in 1948, in Chattogram – the nation’s port city and a major trading hub. With the acquisition of Grindlays Bank in August 2000, we inherited a presence in Bangladesh that dates all the way back to 1905. We also acquired American Express Bank’s commercial banking business in 2006. Today, we are the only multinational universal bank serving the nation. For as long as we have been around, we have been proud to be a partner in progress to Bangladesh.

At a Glance

  • Standard Chartered is the only multinational universal Bank in Bangladesh, with over 117 years of uninterrupted presence in the nation.
  • Our first branch opened in Chattogram in 1905. Today, we have 13 branches nationwide that cater to key economic centres. We are proud to say that our banking presence is the most extensive when compared to other foreign financial institutions operating in the market.
  • As the longest established bank  in the country, we have earned the distinction of being an innovator in the market with many firsts. As the first international bank to extend credit lines to independent Bangladesh; open the first external letter of credit (LC) in 1972; introduce the first ATM; launch the first debit card, credit card, international debit card and Shariah-compliant credit card; inaugurate the first 24-hour contact centre; launch the first state-of-the-art Online Banking Platform; and facilitate the first cross border acquisition. We also acted as a co-advisor to Bangladesh Bank to help the country achieve its first ever sovereign credit rating, when we worked with S&P.
  • In 2021, we took major steps towards boosting sustainability through the introduction of the market’s first carbon neutral SMART Card; the issuing of the first green bond and the first green zero-coupon bond; and by pioneering the country’s first ever sustainable trade finance transaction. We also launched a vendor pre-pay platform; highlighted Bangladesh as a lucrative destination for investment and lending; digitised export LC advising, and generally worked to make ourselves future fit through innovation in the digital sphere.
  • Standard Chartered Saadiq is the only international Islamic banking proposition in Bangladesh for both retail and corporate clients.
  • We have retained our AAA credit rating for the last 15 years.
  • We have been recognised as the largest taxpayer in the Banking Sector by the Government.

Most Recent Awards and Achievements

  • “Best International Bank” in Bangladesh by Asiamoney in 2017, 2018, 2019, 2020, 2021, and 2022
  • “Best Bank in Bangladesh” at The Asset Triple A Sustainable Capital Markets Country Awards in 2022
  • “CSR Market Leader” in Bangladesh by Euromoney Market Leaders 2022 survey
  • “Best CSR Bank” in Bangladesh by Global Brands Magazine in 2018, 2019, 2020, 2021, and 2022
  • “Best CSR Bank” in Bangladesh at the Business Tabloid Banking Awards in 2022
  • “Best CSR Bank” in Bangladesh by International Finance in 2017, 2019, and 2022
  • “Market Leader for Trade Finance” in Bangladesh per the 2022 Euromoney Trade Finance Survey and the 2022 Asiamoney Trade Finance Survey
  • “Best Trade Finance Provider” in Bangladesh at the Global Finance Trade Awards in 2020, 2021, and 2022
  • “Best Trade Finance Bank” in Bangladesh at the Global Brand Awards in 2022
  • “International Trade Finance Bank of the Year” in Bangladesh at the ABF Wholesale Banking Awards in 2022
  • “Best Service Provider – Cash Management, Bangladesh” at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Award in 2018, 2019, 2021, and 2022
  • “Best Service Provider Trade Finance, Supply Chain” at The Asset Triple A Treasury, Sustainable Supply Chain and Risk Management Awards in 2022
  • “Best Renminbi Bank” at The Asset Triple A Treasury, Sustainable Supply Chain and Risk Management Awards in 2022
  • “World’s Best Islamic Financial Institution” by Global Finance in 2019, 2020, and 2022
  • “Best Islamic Bank for Digital CX” at the Digital CX Awards in 2022
  • Islamic Banking Initiative of the Year in Bangladesh at the ABF Retail Banking Awards in 2022
  • “Best Mobile Banking App” at the World Economic Magazine Awards in 2022

Business Awards and Achievements

  • “Best International Bank” in Bangladesh by FinanceAsia in 2009, 2010, 2011, 2012, 2013, 2014, 2016, 2017, 2018, 2019, 2020, and 2021
  • “Best Foreign Bank” in Bangladesh at the FinanceAsia 20th Anniversary Platinum Awards in 2016
  • “Best International Investment Bank” in Bangladesh by FinanceAsia in 2018, 2019, and 2020
  • “Best Deal in Bangladesh” by FinanceAsia in 2018, 2019, and 2020
  • “Best International Bank” in Bangladesh by Asiamoney in 2017, 2018, 2019, 2020, and 2021
  • “Best International Bank” in Bangladesh by Euromoney in 2019, 2020, and 2021
  • “Market Leader for Trade Finance” in Bangladesh per the 2022 Euromoney Trade Finance Survey and the 2022 Asiamoney Trade Finance Survey
  • “Bank of the Year” in Bangladesh by The Banker in 2010, 2012, 2013, 2014, 2015, and 2017; and “Best Bank in the Country” by The Banker in 2019
  • “Best Trade Finance Provider” in Bangladesh at the Global Finance Trade Awards in 2020 and 2021
  • “Best Bank in Bangladesh” at The Asset Triple A Country Awards in 2020
  • “Best in Treasury and Working Capital – MNCs/LLCs, Bangladesh” and “Best in Treasury and Working Capital – SMEs, Bangladesh” at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Award in 2018 and 2019
  • “Best Service Provider – Cash Management, Bangladesh” at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Award in 2018, 2019, and 2021
  • “Best Service Provider – Trade Finance, Bangladesh” at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Award in 2018 and 2021

Sustainability and Community Engagement Awards and Achievements

  • “Best CSR Bank” in Bangladesh by Global Brands Magazine in 2018, 2019, 2020, and 2021
  • “Best CSR COVID-19 Initiative” at the Global Brand Awards in 2020
  • “Best CSR Bank” in Bangladesh by International Finance in 2017, 2019, and 2022
  • “Outstanding CSR Performance” at the AmCham CSR Excellence Awards in 2021
  • “COVID-19 Response” at the A Better Tomorrow CSR Awards in 2021
  • “Best Bank in COVID-19 Initiatives” and “Best CSR Bank” at the BT Banking Awards in 2021

Islamic Banking Awards and Achievements

  • “Bank of the Year, Bangladesh” at The Asset Triple A Islamic Finance Award in 2018, 2019, 2020, and 2021
  • “Best Retail Bank, Bangladesh” at The Asset Triple A Islamic Finance Award in 2018, 2019, 2020, and 2021
  • “World’s Best Islamic Financial Institution” by Global Finance in 2019, 2020, and 2022
  • “Best Islamic Digital Bank” in Bangladesh by Global Finance in 2017, 2018, and 2021
  • “Islamic Banking Window/Unit of the Year” by the Islamic Finance Forum for South Asia in 2017, 2020, and 2021
  • “Best Islamic Bank for Digital CX” at the Digital CX Awards in 2022
  • “Best Islamic Retail Bank” at the Digital Banker’s Global Retail Banking Innovation Awards in 2020 and 2021

Digital Innovation Awards and Achievements

  • “Best Digital Bank” by Asiamoney in 2017
  • “Best Digital Bank” by Global Brands Magazine in 2021
  • “Best Mobile Banking App” at the World Economic Magazine Awards in 2022
  • “Best Mobile Banking App” at the Global Economics Awards in 2021
  • “Best SME Mobile Banking App” at the Digital Banker’s Global Retail Banking Innovation Awards in 2021

Sustainability and Community Engagement

We believe it is possible to drive commerce and growth without leaving people behind, negatively impacting the planet, or creating divisions that diminish our sense of community. As we work towards becoming the world’s most sustainable and responsible bank, our ambition is to empower the next generation to learn, earn and grow through community programmes centred on education, employability, and entrepreneurship.

Our community initiatives over the years have focused on economic empowerment of marginalised communities; bridging the gender gap; improving access to health, education, and financial literacy; supporting agricultural innovation; promoting sports, arts, and culture as drivers of positive social transformation; and raising awareness about climate change and the environment.

The world today is grappling with challenges that are unprecedented ­– both in terms of scope and scale. To deal with immediate challenges brought on by the pandemic, we are working with development sector partners to deliver aid and essentials to hard-hit communities and to support frontline health services. To enable longer-term recovery, the Bank is focused on empowering communities via education, skills development, workforce reintegration, health interventions, and digital innovation.

The Bank has been focusing its community support measures in the following key areas:

  • Donated oxygen plants to three community hospitals with combined capacity of 1,700 litre/min, serving up to 400 patients per day;
  • Supported 180 patients who were critically affected by COVID-19 with 14 days of intensive care;
  • Supplied 25 Million meals, along with life-sustaining supplies & hygiene products;
  • Provided more than 140,000 individuals with essentials;
  • Set up digital classrooms in 10 locations across Bangladesh in 2022;
  • Supported 4,192 students via donation of school supplies;
  • Supported 1,700 beneficiaries with employment and entrepreneurship opportunities;
  • Enabled Tk 2,765 Mn digital wallet transfers for salary and bonus payment for over 63,000 RMG workers.
  • Championed sustainability by planting 1,600 trees in 2021, with a goal to plant another 2,000 trees in 2022.

Other ongoing projects include:

  • The Standard Chartered Agrow Award recognizes the leaders and innovators that are moving our agriculture industry forward, with the goal of promoting the dissemination of technology and best practises at all levels of the industry. 2022 marked the seventh edition of Agrow Award and our third year partnering with Channel i – Bangladesh’s leading TV channel. Our partnership with Channel i allows us to reach a broader segment of our target audience – both in urban and rural settings. To date, there have been 54 award winners.
  • Standard Chartered promotes the development of youth through scholarship grants and institutional support. Our ‘Governor Scholarship’ fund, in partnership with the Dhaka University Economics Department Alumni Association (DUEDAA) is a need-based award that provides yearly scholarships to students in the Economics department who have proven their academic worth. To date, through this program, we have disbursed USD 283,000.

Some of our community initiatives fall under our Futuremakers initiative. Futuremakers by Standard Chartered is our global initiative to tackle inequality. Futuremakers programmes are delivered by NGOs, not-for-profit and charity partners, including the Standard Chartered Foundation (SCF), around the world.

  • Local Futuremakers projects include reskilling and reintegration programmes with BRAC and UCEP.
  • Standard Chartered Bangladesh also works with BRAC to power Goal – an education programme launched by the Bank – which aims to bolster the future of girls’ leadership; advocates for investment in girls; and establishes technology as a tool for girls’ economic empowerment.

Quick Links

Awards For Excellence

2022

Best Renminbi Bank

The Asset Triple A Treasury, Sustainable Supply Chain and Risk Management Awards

2022

Best Bank, Bangladesh

The Asset Triple A Sustainable Capital Markets Country Awards

2022

Best CSR Bank, Bangladesh

Business Tabloid Banking Awards

2022

Best CSR Bank, Bangladesh

Global Brand Awards

2022

Best CSR Bank, Bangladesh

International Finance Awards

2022

Best International Bank, Bangladesh

Asiamoney Best Bank Awards

2022

Best Islamic Bank for Digital CX, Bangladesh

Digital CX Awards

2022

Best Mobile Banking App, Bangladesh

World Economic Magazine Awards

2022

Best Service Provider Trade Finance, Supply Chain

The Asset Triple A Treasury, Sustainable Supply Chain and Risk Management Awards

2022

Best Service Provider, Cash Management

The Asset Triple A Treasury, Sustainable Supply Chain and Risk Management Awards

2022

Best Trade Finance Bank, Bangladesh

Global Brand Awards 2022

2022

Best Trade Service Provider, Bangladesh

Global Finance World’s Best Trade Finance Providers

2022

CSR Market Leader, Bangladesh

Euromoney Market Leaders

2022

International Trade Finance Bank of the Year, Bangladesh

ABF Wholesale Banking Awards

2022

Islamic Banking Initiative of the Year, Bangladesh

ABF Retail Banking Awards

2022

Market Leader for Trade Finance, Bangladesh

Asiamoney Trade Finance Survey

2022

Market Leader for Trade Finance, Bangladesh

Euromoney Trade Finance Survey

2022

World’s Best Islamic Financial Institutions

Global Finance 29th Annual World’s Best Bank Awards

2021

6th IFFSA Awards

2021

A Better Tomorrow CSR Awards Covid-19 Response

2021

Asiamoney Best International Bank

2021

Best Bank for Innovation Bangladesh 2021

World Business Outlook Awards

2021

Best Bank in Covid -19 Initiatives  at BT Banking Award

2021

Best CSR Bank recognition at BT Banking Award

2021

Best CSR Bank  - Bangladesh

Global Brand Awards

2021

Best Digital Bank Bangladesh 2021

World Business Outlook Awards

2021

Best Digital Bank  - Bangladesh

Global Brand Awards

2021

Best Financial Brand - Bangladesh

Global Brand Awards

2021

Best Payments and Collections Solution For Bangladesh

Asset Asian Awards 2021 – DHL Worldwide Express (S2B Pay)

2021

Best SME Mobile Banking App

Global Retail Banking Innovation Awards 2021

2021

Best Trade Finance Provider 2021 for Bangladesh

The Global Finance

2021

Best Trade Finance Solution

The Asset Triple A: Digital Solutions

2021

Bronze in Green Campaign category, Commward

2021

Bronze in Native category, Commward

2021

Bronze in Native category, Commward

2021

Digital CX Awards 2021 for Saadiq

2021

Euromoney Best International Bank

2021

FinanceAsia Best International Bank

2021

Islamic Bank of the Year and Best Islamic Retail Bank accolades

The Asset Triple A Islamic Finance Awards

2021

Silver in Small Budget Media Campaign category, Commward

2021

The Best Service Provider in Cash Management for Bangladesh

Asset Asian Awards

2021

World’s Best Islamic Digital Bank 2021 Global Finance

2021

‘Best Mobile Banking App’ Award

The Global Economics Awards

2020

A Best bond

Asset Triple A Country Awards

2020

Asiamoney Best International Bank

2020

Best CSR Bank

International Business Magazine Award

2020

Best CSR COVID-19 Initiative, Bangladesh

Global Brand Awards

2020

Best International Bank

FinanceAsia Country Award

2020

Best Investment Bank

FinanceAsia Country Award

2020

Best Islamic Retail Bank

The Asset Triple A Islamic Finance Awards

2020

Best Islamic Retail Bank – Bangladesh

Global Retail Banking Innovation Awards

2020

Best Sukuk

The Asset Triple A Islamic Finance Awards

2020

Best Trade Finance Provider in Bangladesh

Global Finance Trade Awards

2020

Best Window Islamic Bank

IFFSA Award

2020

Best bank in Bangladesh

Asset Triple A Country Awards

2020

Best corporate and institutional adviser – Global

Asset Triple A Country Awards

2020

Euromoney Best Bank in Bangladesh

2020

FinanceAsia ‘Best Bangladesh Deal’

2020

Global Brand Magazine CSR Award

2020

Global Finance Best Islamic Financial Institutions

2020

Global Finance Best Trade Finance Provide

2020

IJGlobal Asia Pacific Solar deal of the year (GurantCo, Teknaf Solar)

2020

Islamic Bank of the Year

The Asset Triple A Islamic Finance Awards

2019/2020

Excellence in Mastercard Credit Business (Domestic)

2019/2020

Excellence in Mastercard Credit Business (International)

2019

Best Cash Management Service Provider Bank in Bangladesh

Asset’s Triple A Treasury, Trade, Supply Chain & Risk Management Awards

2019

Best Digital Payments and Collection Solution in Bangladesh

Asset’s Triple A Treasury, Trade, Supply Chain & Risk Management Awards

2019

Global Finance Best Islamic Financial Institution in Bangladesh

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