Standard Chartered named ‘Best International Bank’ in Bangladesh

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DHAKA, June 6, 2021 (BSS)–Standard Chartered Bank has recently been recognised as the ‘Best International Bank’ in Bangladesh in the FinanceAsia Awards 2021.

This achievement marks the eleventh occasion the bank has received this award since 2009, said a press release.

This is 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.

Founded in 1996, the publication engages with audience consisting of corporate CFOs and CEOs, bank and broker executives, portfolio managers and service providers. Each year, The FinanceAsia Awards recognizes the best performing banks across the region.

“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 to 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 capitalise 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 programmes.

The Bank 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.

Beyond its core business of banking, the Bank is partnering with communities to deliver its community programmes focused on entrepreneurship, education and employability.

The bank has been a committed partner in progress to Bangladesh, facilitating major investments in power, energy, transportation and urban development. 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.

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