Published:  02:23 AM, 11 June 2021

SCB 'best int'l bank' in BD

SCB 'best int'l bank' in BD
Standard Chartered Bank Bangladesh has recently been recognized as the "Best International Bank" FinanceAsia Awards 2021. This achievement marks the eleventh occasion the bank has received this award since 2009, said a press release. It is also the fifth major international award the bank has achieved in the first quarter of 2021.

FinanceAsia is Asia's authoritative source for finance, investment banking, economic and capital markets news. "As the longest-serving financial institution of Bangladesh, we have a unique perspective on the amazing growth story of Bangladesh. We are delighted to have been a part of this journey and remain as committed as ever contribute to the forward momentum of our nation," said Naser Ezaz Bijoy, chief executive officer, Standard Chartered Bangladesh.

With over 116 years of uninterrupted presence in Bangladesh, Standard Chartered is the only multinational universal Bank in the country with a unique blend of deep-rooted local presence and capacity to capitalize on its global network and product coverage. As a part of its commitment to be here for good, the bank is committed to the SDGs through its core business, operations and community programs. It has been a leader in financing infrastructure development.

 It is also extending access to finance to individuals and small and medium sized companies to promote local economic development by supporting major development organizations. The bank has been a committed partner in progress to Bangladesh, facilitating major investments in power, energy, transportation and urban development.

 It 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.

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

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