StanChart named ‘Best International Bank’ in Bangladesh
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Monday
February 06, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
MONDAY, FEBRUARY 06, 2023
StanChart named ‘Best International Bank’ in Bangladesh

Banking

TBS Report
06 April, 2021, 10:35 am
Last modified: 06 April, 2021, 10:40 am

Related News

  • Standard Chartered delivers winter essentials to 10,500 beneficiaries
  • International exhibition on power generation, renewable energy products to be held in May 2023
  • Standard Chartered and SME Foundation jointly facilitate holistic training programme for Khulna-based women entrepreneurs
  • Standard Chartered wins the Best Bank award by The Banker
  • Standard Chartered wins awards at Global Brand Awards 2022

StanChart named ‘Best International Bank’ in Bangladesh

The bank received this prestigious award for fifth consecutive year

TBS Report
06 April, 2021, 10:35 am
Last modified: 06 April, 2021, 10:40 am
StanChart named ‘Best International Bank’ in Bangladesh

Standard Chartered Bank has recently been recognised as the 'Best International Bank' in Bangladesh in the Asiamoney Awards 2021.

The year marks the fifth year of the Asiamoney Awards and also the fifth time Standard Chartered has received this prestigious award, said a press statement issued on Monday.

The Hong Kong based Asiamoney's award committee, which comprises a team of senior Asia-focused journalists, lauded Standard Chartered for being a part of the firmament of Bangladesh in a way no other foreign bank can hope to emulate.

As the only international universal bank in Bangladesh, Standard Chartered has been playing a unique role as a  progress partner to Bangladesh for over 116 years, the press statement read.

With the Bangladesh economy growing at between 5% and 7% for the past decade, the bank has positioned itself to support this journey, facilitating major investments in power, energy, transportation and urban development.
The bank also supported various key multi-billion-dollar infrastructure projects, including the construction of a third terminal at Dhaka Airport (a $2.5 billion project), the $1.98 billion Bangabandhu Railway Bridge and $1.2 billion Dhaka Elevated Expressway.

The bank accounted for a major share of all export and import financing, respectively, last year, as well as power generation financing and SME lending by foreign banks.

At the same time, the bank commands a leading position in the retail finance space, with a strong share of card spend, consistently growing internet banking users and the launch of a number of innovative products.

Beyond supporting the nation's economic progress and development through its core business of banking, the bank stood by grassroot communities across the country to fight the Covid-19 pandemic.

Commenting on the issue, Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh, said, "I am delighted that our team's pursuit of excellence has been recognised once again, and would like to thank our clients, regulators and the wider ecosystem for making this achievement possible."

"This award is a testament to our continued commitment to be a partner in the progress of Bangladesh. With the legacy of many milestones and innovations over 116 years of uninterrupted service, we are privileged to be able to stand by our nation, as it rises above adversities and continues to write new chapters its march forward towards sustainable development and prosperity." He added.

It is here mentionable that the bank has also been recognised as the Best Foreign Bank in Bangladesh by FinanceAsia, Best International Bank in Bangladesh by Euromoney and Bank of the Year in Bangladesh by The Banker a number of times over a number of years.

It also won a host of awards in other banking categories.

Standard Chartered Bank / International

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • GDP growth drops to 7.1% in FY22, per capita income $2,793
    GDP growth drops to 7.1% in FY22, per capita income $2,793
  • Consumers should pay actual costs to get gas, electricity: PM
    Consumers should pay actual costs to get gas, electricity: PM
  • Dr Debapriya Bhattacharya. Illustration: TBS
    Development won't sustain sans political consensus: Debapriya 

MOST VIEWED

  • Photo: Reuters
    Prompt export proceeds to get Tk0.50 more per dollar
  • Service exporters to get foreign currency retention quota facility
    Service exporters to get foreign currency retention quota facility
  • ICB to withdraw Padma Bank investment as return eludes
    ICB to withdraw Padma Bank investment as return eludes
  • Illustration: TBS
    Cash-strapped banks fail to maintain emergency fund
  • Loan provisioning eased to boost banks' participation in stock market
    Loan provisioning eased to boost banks' participation in stock market
  • Bank borrowing eased for broker, merchant banks  
    Bank borrowing eased for broker, merchant banks  

Related News

  • Standard Chartered delivers winter essentials to 10,500 beneficiaries
  • International exhibition on power generation, renewable energy products to be held in May 2023
  • Standard Chartered and SME Foundation jointly facilitate holistic training programme for Khulna-based women entrepreneurs
  • Standard Chartered wins the Best Bank award by The Banker
  • Standard Chartered wins awards at Global Brand Awards 2022

Features

Say it with Colours

Say it with Colours

21h | Mode
Photo: Courtesy

From 'Made in Bangladesh' to 'Designed in Bangladesh'

23h | Panorama
Google must adjust to a world where content is increasingly generated by AI. Photo: Bloomberg

Google will join the AI wars, pitting LaMDA against ChatGPT

20h | Panorama
The megaproject Rooppur Nuclear Power Plant has a debt of Tk90,474 crore. Photo: Courtesy

Projects funded with debt need to be selected prudently, and implemented timely

21h | Panorama

More Videos from TBS

ICB to withdraw Padma Bank Investment as return

ICB to withdraw Padma Bank Investment as return

13h | TBS Insight
Kiara Advani & Sidharth Malhotra's Wedding Update

Kiara Advani & Sidharth Malhotra's Wedding Update

13h | TBS Entertainment
What you probably didn't know about CR7

What you probably didn't know about CR7

11h | TBS SPORTS
US shoots down Chinese spy balloon

US shoots down Chinese spy balloon

12h | TBS World

Most Read

1
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

2
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

3
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

4
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

5
Belal Ahmed new acting chairman of SIBL
Banking

Belal Ahmed new acting chairman of SIBL

6
Photo: Collected
Startups

ShopUp secures $30m debt financing to boost expansion, supply chain

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]