Standard Chartered announces partnership with Mhadi My Loan

Standard Chartered recently announced partnership with 'My Loan', incorporated as Mhadi Support Services Ltd, as its Third-Party Sales partner in Bangladesh.

Under this agreement My Loan will act as an authorized sales agent, working with the bank in serving a wider client-base, according to a press release issued. 

The bank aims to scale up its distribution network, bringing world-class financial products and services to a broader customer group through this agreement, says the press release.

My Loan will leverage the banks strong online presence, digital analytical capabilities and consumer insights to effectively bridge customers to the bank's products and services best-suited to their needs, the press release reads. 

Sabbir Ahmed, head of retail banking of Standard Chartered Bangladesh said, "We will continue to deliver banking solutions at unprecedented scale in the coming years by building collaborative ecosystem and strategic partnerships."

Md Arikul Islam, managing director of Mhadi Support Services Ltd said, "This partnership with Standard Chartered Bank will be a new milestone in terms of enabling a wide range of clients avail world-class banking products and services."

Lutful Habib, general manager, Priority Banking, Deposits & Mortgages and Md Arikul Islam, managing director, My Loan signed the agreement on behalf of their respective organisations.

Sabbir Ahmed, head of retail banking, Standard Chartered Bangladesh, Saadi Manzoorul Huq, Senior Product Manager, Personal Loans and many others were also present at the signing ceremony.