Standard Chartered Celebrates 50 Years in Brazil
on 13 Dec 2023The Bank is proud to be the longest running foreign bank in Latin America
São Paulo, New York, December 13, 2023 – Standard Chartered Bank Brazil (the “Bank”) proudly celebrates its 50th anniversary, marking a significant milestone in its legacy of providing exceptional financial services, fostering growth, and contributing to Brazil’s economic development.
Established in 1973, the Bank’s Brazil business has been dedicated to facilitating trade and investment flows between the Americas, Asia, Africa, the Middle East, and Europe. It offers a range of financial products such as Trade Finance, Cash Management, Corporate Finance, Debt Capital Markets, and other offshore products to financial institutions, multinationals, and select Latin American corporates. Over the past half century, it has evolved alongside Brazil’s dynamic economic landscape, consistently adapting and innovating to meet the needs of clients.
Germana Cruz, CEO and Head of Financial Institutions, Standard Chartered Latin America, said: “We are proud and excited to celebrate this remarkable milestone of our office. Our performance is underpinned by talented and committed colleagues who are working hard to grow our business. Coupled with the steadfast confidence, support and partnership of our clients and communities, this has enabled us to become one of the most respected financial institutions in the region.”
“Brazil is one of the largest economies in Latin America and has strong connections with Standard Chartered’s global network,” said Steven Cranwell, CEO and Regional Head of Client Coverage at Standard Chartered Americas. “Over the last 50 years, the dedicated service, innovation, resilience and commitment of our team in Standard Chartered Brazil have supported the growth and ambition of our clients while also making a positive impact in the local community. We remain excited by the ongoing opportunities that working closely with our clients in such a dynamic market presents.”
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About Standard Chartered
We are a leading international banking group, with a presence in 52 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporations and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, the UK and Europe and the Middle East.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.
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Media contact:
Sammi He
Standard Chartered Americas
Sammi.he@sc.com