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ABOUT US

Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. The Bank enjoys the status of the only international bank currently operating in Nepal.

We are a leading international banking group with a 160-year history in some of the world’s most dynamic markets. Our heritage and values are expressed in our brand promise, Here for good. Our operations reflect our Purpose, which is to drive commerce and prosperity through our unique diversity. With 85,000 employees, we are present in 59 markets, our network serves customers in close to 150 markets. We are listed on the London and Hong Kong Stock Exchanges.

With 14 points of representation, 28 ATMs across the country and more than 504 local staff, Standard Chartered Bank Nepal Limited is serving its clients and customers through a strategic domestic network. In addition, the global network of Standard Chartered Group enables the Bank to provide truly international banking services in Nepal. Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers including individuals, mid-market local corporates, multinationals, large public-sector companies, government corporations as well as the development organizations segment comprising of aid agencies, bilateral entities, multilateral entities, non-government organizations and international non-government organizations. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. It is the first Bank in Nepal to implement the Anti- Money Laundering policy and to apply the ‘Know Your Customer’ procedure on all the customer accounts.

The Bank believes in delivering shareholder value in a social, ethical and environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live.

In May 2019, the Bank’s new Global Community Program Strategy “Futuremakers by Standard Chartered” was launched in Nepal subsequent to the global launch in January 2019. This initiative focuses on empowering the next generation to learn, earn and grow. There are three pillars to the strategy: education, employability and entrepreneurship. It builds on the success of our current community programs while growing our ambition to ensure that we are reaching more young people across our markets. The Bank is also actively engaged with the communities in raising awareness around Financial Literacy, Environment, Health and Education including conducting relief activities for COVID-19 pandemic

Other Information

Board Composition

  • Zarin Daruwala – Chairperson
  • Karen De Alwis – Director
  • Krishna Kumar Pradhan – Director
  • Bharat Kunwar – Director
  • Anirvan Ghosh Dastidar – Director

The Bank’s Executive Committee (EXCO) is represented by the following:

Executive Committee

  • Anirvan Ghosh Dastidar – Chief Executive Officer
  • Gorakh Rana – Head, Client Coverage- Nepal, Corporate, Commercial & Institutional Banking (CCIB)
  • Sudhir Sharma – Head Consumer, Private and Business Banking
  • Michael Siddhi – Head Transaction Banking
  • Rajan Udas – Head Human Resource
  • Vidya Kumar – Chief Financial Officer
  • Sanjay Pant – Head of Conduct, Financial Crime & Compliance (CFCC) and Country Chief Risk Officer
  • Sujit Shrestha – Chief Operating Officer
  • Nidhi Rana – Head of Financial Markets and Head Treasury Markets
  • Madhab Prasad Regmi – Head, Legal & Company Secretary

The Bank’s Audit Committee is represented by the following:

Audit Committee

  • Karen De Alwis – Chairman (Member of Board Risk Committee & NED)
  • Bharat Kunwar – Member
  • Sriprasad Bhandari – Country Head of Audit

The Risk Committee is represented by the following:

Risk Committee

  • Chair – Mr. Krishna Kumar Pradhan – Director
  • Member – Ms. Karen De Alwis – Director & Chair of Audit Committee
  • Member – Chief Operating Officer
  • Member Secretary – Chief Risk Officer

Board Financial Risk Committee

  • Chair – Mr. Bharat Kunwar
  • Member – Head CFCC
  • Member – Chief Risk Officer
  • Member Secretary – Head FCC

Invitees as deemed necessary:

  • FCC Exp

Quick links

Awards & Recognition

2021

Excellence in Learning & Development

Excellence in Learning & Development” award at the HR Meet 2021 an annual Human Resource conference organised by GrowthSellers

2021

Best Presented Annual Report 2020

Awarded by The Institute of Chartered Accountants of Nepal (ICAN) in line with the standards set by South Asian Federation of Accountants (SAFA).

2020

ICRA Nepal assigns issuer rating of [ICRANP-IR] AAA

The highest degree of safety and general creditworthiness

2020

The World's Best Consumer Digital Bank Awards for 2020 for Nepal in Asia Pacific

‘The World’s Best Consumer Digital Bank Awards – 2020’ for Nepal in Asia Pacific category by the Global Finance Magazine

2020

Best Presented Annual Report 2019

Awarded by The Institute of Chartered Accountants of Nepal (ICAN) in line with the standards set by South Asian Federation of Accountants (SAFA).

2019

The World's Best Consumer Digital Bank Awards for 2019 for Nepal in Asia Pacific

The World’s Best Consumer Digital Bank Awards – 2019’ for Nepal in Asia Pacific category by the Global Finance Magazine

2019

ICRA Nepal assigns issuer rating of [ICRANP-IR] AAA

The highest degree of safety and general creditworthiness

2019

International Cash Management Bank of the year

ABF Wholesale Banking Awards 2019

2019

International Retail Bank of the Year

ABF Retail Banking Awards 2019

2019

Best International Bank in Nepal

Asiamoney Best Banks Awards for Nepal 2019

2018

The World's Best Consumer Digital Bank Awards for 2018 for Nepal in Asia Pacific

‘The World’s Best Consumer Digital Bank Awards – 2018’ for Nepal in Asia Pacific category by the Global Finance Magazine

2017

Asia's Best Employer Brand Awards 2017

Employer Branding Institute (EB) & World HRD Congress

2017

Best Digital Bank Awards 2017

Best Digital Bank Awards 2017 for Nepal by Global Finance

2017

2017 Euromoney Awards for Excellence

‘2017 Euromoney Awards for Excellence’ for Nepal by the Euromoney, a leading global publication in financial markets.

2016

Asia Best Employer 2016

Asia Best Employer 2016 hosted by Employer Branding Institute (EBI), World HRD Congress and other strategic partners and endorsed by Asian Confederation of Businesses.

2016

Best Digital Bank Awards 2016

Best Digital Bank Awards 2016 for Nepal by Global Finance.

2016

2016 Euromoney Awards for Excellence

‘2016 Euromoney Awards for Excellence’ for Nepal by the Euromoney, a leading global publication in financial markets.

2015

Bank of the Year 2015 Nepal

Bank of the Year 2015 Nepal by ‘The Banker’ of the Financial Times, London.

2015

The World’s Best Consumer Digital Bank Awards for 2015 for Nepal in Asia Pacific

‘The World’s Best Consumer Digital Bank Awards for 2015’ for Nepal in Asia Pacific category by The Global Finance Magazine.

2015

2015 Euromoney Awards for Excellence

‘2015 Euromoney Awards for Excellence’ for Nepal by the Euromoney, a leading global publication in financial markets.

2015

The World’s Best Emerging Markets Banks 2015

The World’s Best Emerging Markets Banks 2015 for Nepal, The Global Finance magazine

2014

Best Managed Commercial Bank Awards 2014

Best Managed Commercial Bank Awards 2014” by the New Business Age Pvt. Limited, a leading Business Media house in Nepal.

2014

The World's Best Consumer Internet Bank Awards 2014 for Nepal in Asia Pacific

The World’s Best Consumer Internet Bank Awards 2014 for Nepal in Asia Pacific by The Global Finance magazine

2014

The Global Finance World’s Best Banks 2014 Awards’ for Nepal

The Global Finance World’s Best Banks 2014 Awards’ for Nepal by The Global Finance magazine

2012

Bank of the Year 2012 Nepal

Bank of the Year 2012 Nepal by ‘The Banker’ of the Financial Times, London.

2011

FNCCI National Excellence Award 2066-2067

FNCCI National Excellence Award 2066-2067 awarded by The Federation of Nepalese Chambers of Commerce & Industry (FNCCI)

2009

Bank of the Year 2009 Nepal

Bank of the Year 2009 Nepal by ‘The Banker’ of the Financial Times.

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