Standard Chartered bagged a total of five major awards at the 2013 Digital Awards held recently by world-renowned Global Finance magazine – including ‘Best Consumer Internet Bank for the UAE’ which the bank has won for the third consecutive year. Earlier this year, Standard Chartered announced its “digitisation vision” and introduced its innovative mobile banking...
30 Jul 2013
Liverpool Football Club and Standard Chartered Bank have today announced a two year extension to their main sponsor agreement. The bank signed up as the Club’s main sponsor in July 2010, appearing on the front of the Reds’ shirt for the last three seasons. The partnership has now been extended to run until the end...
19 Jul 2013
The UK’s Department of Business, Innovation and Skills made the following announcement: The UK and Burma have today announced the creation of a Financial Services Taskforce which will support the development of Burma’s financial services sector. The announcement comes as President Thein Sein attended a breakfast meeting this morning with senior representatives from the British...
16 Jul 2013
Our experts explain what’s behind the rapid growth of the offshore renminbi, and give their views on the currency’s future
12 Jul 2013
Building on the Bank’s long history and strong presence on both sides of the rapidly expanding Africa-India trade and investment corridor, this year Standard Chartered will be hosting 14 Africa Chairmen in Mumbai and Dehli for the Bank’s Annual Africa Chairmen’s Conference. India is an ideal location given the Bank’s commitment to use its unique global...
05 Jul 2013
Standard Chartered has today released a comprehensive report examining leverage across countries and sectors in Asia. It is a collaborative piece from the Bank’s macroeconomists and bank equities analysts, which extends beyond the standard ‘total debt-to-GDP’ analysis to take a more granular view of leverage and solvency across corporate, household and government sectors in Asia....
01 Jul 2013
Standard Chartered has committed to financing more than USD2 billion in energy projects under the Power Africa Initiative, a five-year partnership between the United States, six African governments and the private sector. The partnership represents a coordinated cross-border effort to build the regulatory, economic and policy foundation in order to double access to power in...
01 Jul 2013
Standard Chartered PLC along with its subsidiaries, (the “Group”) will be holding discussions with analysts and investors ahead of its close period for the half year ending 30 June 2013. This statement details the information that will be covered in those discussions. Peter Sands, Group Chief Executive, commented, “This is a good performance against a backdrop...
26 Jun 2013
The Board of Directors (the “Board”) of Standard Chartered PLC (the “Company”) today announces the appointment of two new independent Non-Executive Directors and a Senior Independent Director. This is part of the second phase of the Board’s multi-year succession planning exercise to enhance the experience, depth and diversity of the Board, as outlined in the...
18 Jun 2013
Peter Sands, Group Chief Executive of Standard Chartered, is a founding member of the new council of multinational CEOs, which had its inaugural meeting in Beijing on 5 June 2013. The government issued the following statement. The Chinese People’s Association for Friendship with Foreign Countries established “Global CEO Council” (GCC) on June 5 in Beijing and invited 14...
12 Jun 2013
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, reached another record high of 925 in April, up 3.7% from March. The expanding pool of Dim Sum bonds and certificate of deposits (CDs) was the biggest contributor to the increase of the RGI. While slowing issuance momentum...
10 Jun 2013
With effect from 3 June 2013, the principal office of Standard Chartered Bank and registered office of Standard Chartered PLC will change from 1 Aldermanbury Square, London, EC2V 7SB, United Kingdom to 1 Basinghall Avenue, London, EC2V 5DD, United Kingdom. This change is necessary due to our vacation of 1 Aldermanbury Square. For further information...
03 Jun 2013
Seeing is Believing, Standard Chartered’s global collaboration with the International Agency for the Prevention of Blindness (IAPB) today launches a new USD3 million fund to support the development of innovation in eye health. The fund will be open to not-for-profits, NGOs, research institutes, universities and individual innovators from across the world. Funding will support projects aimed...
29 May 2013
Standard Chartered has today released an independent report on the social and economic impact of its operations in Bangladesh. This is the third in a series of studies which evaluate the overall social and economic impact of the Bank’s activities. The study, commissioned in 2012 and led by Professor Ethan Kapstein of Georgetown University in...
20 May 2013
Standard Chartered today released its Interim Management Statement (IMS) for the first quarter of 2013. Peter Sands, Group Chief Executive, commented, “Standard Chartered has continued to deliver a resilient performance despite the impact of extraordinary monetary policies in the West and Japan on liquidity conditions across Asia and thus on margins. We remain focused on...
08 May 2013
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, reached a new high of 892 in March, up 6.2% from a revised 839 in February, or 65.6% year on year. The main push behind the index’s rise in March was trade settlement and other international payments across...
07 May 2013
Standard Chartered Bank (China) Co., Ltd. (“Standard Chartered China”) recently announced that with the approval from China Banking Regulatory Commission and the People’s Bank of China, Standard Chartered China has successfully issued a financial bond (hereafter “the bond”) of RMB 5 billion in the domestic inter-bank bond market. The fund raised from this issuance will...
11 Apr 2013
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, reached a new high of 841 in February, up 4% from 809 in January. This translates to 64.5% year on year growth, the fastest pace since August last year. The lead contributor to February RGI was the surge...
09 Apr 2013
Standard Chartered today announced that the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, reached a new high of 841 in February, up 4% from 809 in January. This translates to 64.5% year on year growth, the fastest pace since August last year. The lead contributor to February RGI was the surge...
08 Apr 2013
Standard Chartered has announced that it is planning to offer a full suite of Investor Services to Luxembourg funds, in response to increasing client demand for the Bank’s support of Luxembourg domiciled UCITS structures. As part of the Bank’s commitment to investors across its footprint markets of Asia, Africa and the Middle East, Standard Chartered...
18 Mar 2013
Standard Chartered today announced the Standard Chartered Renminbi Globalisation Index (Bloomberg: SCGRRGI <index>), or the RGI, posted another new high of 809 in January, up 8.2% from December’s 748. In January, trade settlement and other RMB-denominated international SWIFT payments re-emerged as the biggest contributor as payments through Hong Kong, Singapore and London hit record highs....
07 Mar 2013