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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.  It is also the only Bank in Nepal accredited with ICRANP-IR AAA rating by ICRA Nepal as the safest bank regarding timely servicing of financial obligations.

Globally, 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 and are listed on the London and Hong Kong Stock Exchanges. There are 124 nationalities, and 100 ethnicities present in our workforce and 174 languages / dialects spoken by our colleagues across the Bank.

With 15 points of representation 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, 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.

In 2018, the Bank launched new Valued Behaviours , to help us become more ‘Human’ and bring our Purpose to life. Since then, we have applied them to everything we do – how we work, how we lead and how we make decisions. These three valued behaviours are a shared understanding of how we relate to one another, our clients and our communities.

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 colleagues live.

“Futuremakers by Standard Chartered” is our global sustainability initiative to tackle inequality by promoting greater economic inclusion in our markets. Futuremakers supports disadvantaged young people, especially girls and people with visual impairments, to learn new skills and improve their chances of getting a job or starting their own business. Globally we set out to fundraise and donate USD50 million for Futuremakers between 2019 and 2023 to empower the next generation to learn, earn and grow. The Bank is also actively engaged with the local communities in raising awareness around Financial Literacy, Environment, Health and Education including conducting rehabilitation activities for communities affected by the COVID 19 pandemic.

Over the last six years, we’ve demonstrated that we can be a profitable, purpose-led company that is Here for good. We’ve laid a strong foundation (Chapter 1) and returned to growth (Chapter 2). We believe our unique history, core capabilities, diverse footprint and international reputation gives Standard Chartered the potential to be a leading disruptor, innovator, and champion of change. The world is facing unprecedented challenges, which is why there has never been a more important time for the Bank to lean into this moment and accelerate change and transformation. To this end, we kicked off the next phase of our transformation journey (Chapter 3) in 2021, taking a stand for climate change, wider inclusion and greater globalization, by partnering with our regulators, clients and the industry. By accelerating our ongoing transformation to deliver our Stands, we are taking the lead in driving meaningful change and getting future-ready.

Other Information

Board Composition

  • Zarin Daruwala – Chairperson
  • Venugopal Ranganathan – Director
  • Avinash Agrawal – Director
  • Siddhant Raj Pandey – Director
  • Anirvan Ghosh Dastidar – Director

The Bank’s Management Team are represented by the following:

  • Anirvan Ghosh Dastidar – Chief Executive Officer
  • Gorakh Rana – Deputy Chief Executive Officer
  • Gopi Krishna Bhandari – Head, Specified Sector Lending & Company Secretary
  • Sanjay Pant – Chief Compliance Officer & Chief Risk Officer
  • Md. Yasir Arafin – Chief Financial Officer
  • Michael Siddhi – Head, Transaction Banking
  • Rajan Udas – Head, Human Resources
  • Sudhir Sharma – Head, Wealth and Retail Banking
  • Sarbendra Mishra – Head, Treasury Markets
  • Yemi Karki – Senior Manager Credit
  • Sujit Shrestha – Chief Technology and Operating Officer
  • Kabir Tamrakar – Head, Audit
  • Serene Khatiwada – Head, Corporate Affairs, Brand & Marketing

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

  • Chairperson – Venugopal Ranganathan, Director
  • Member- Gopi Krishna Bhandari, Company Secretary
  • Member Secretary- Country Head of Audit

The Risk Committee is represented by the following:

  • Chairperson – Siddhant Raj Pandey, Director
  • Member – Venugopal Ranganathan, Director
  • Member – Chief Technology & Operating Officer
  • Member Secretary – Chief Risk Officer

The Board Financial Crime Risk Committee is represented by the following:

  • Chairperson –  Avinash Agrawal, Director
  • Member – Chief Compliance Officer and Chief Risk Officer
  • Member Secretary – Head, FCC

Quick links

Awards & Recognition

2024

Standard Chartered Bank Nepal reaffirmed with AAA Rating for the 5th time

The highest degree of safety and general creditworthiness

2023

Standard Chartered Bank Nepal reaffirmed with AAA Rating for 4th time

The highest degree of safety and general creditworthiness

2022

Best RMB Bank

Awarded by The Asset Triple A Awards

2022

Excellence in Consumer Credit Card Business 2022

VISA

2022

Excellence in Vas Products 2022

VISA

2022

The Best Managed Commercial Bank in Nepal

Awarded by Abhiyan and New Business Age

2021

Best Digital Bank – Nepal 2021

Awarded by Global Business Outlook, UK-based Publication

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).

2021

Excellence in Learning & Development

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

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).

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

2019

Best International Bank in Nepal

Asiamoney Best Banks Awards for Nepal 2019

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

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

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

2017 Euromoney Awards for Excellence

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

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

2016

2016 Euromoney Awards for Excellence

‘2016 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.

2015

2015 Euromoney Awards for Excellence

‘2015 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

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 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

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

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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