Standard Chartered Bangladesh
   HOME

TheInfoList



OR:

Standard Chartered Bangladesh (officially M/S Standard Chartered Bank Bangladesh Pvt. Ltd.) is a banking and financial services company headquartered in
Dhaka Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list o ...
, Bangladesh and a wholly owned subsidiary of
Standard Chartered Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in th ...
. Standard Chartered has been operating in
Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by ...
for over a hundred years. Standard Chartered Bank is currently promoting Saadiq Banking. Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. While private banks like Dutch Bangla Bank Limited and BRAC Bank Limited have booths all over the country, the bank is holding limited space here though it is one of the largest foreign banks in Bangladesh. It has branches in
Bogra Bogra (), List of renamed places in Bangladesh, officially Bogura, is a city located in Bogra District, Rajshahi Division, Bangladesh. The city is a major commercial hub in North Bengal, Northern Bangladesh. It is the second largest city in te ...
,
Chittagong Chittagong ( ), officially Chattogram, (, ) (, or ) is the second-largest city in Bangladesh. Home to the Port of Chittagong, it is the busiest port in Bangladesh and the Bay of Bengal. The city is also the business capital of Bangladesh. It ...
,
Dhaka Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list o ...
,
Khulna Khulna (, ) is the third-largest city in Bangladesh, after Dhaka and Chittagong. It is the administrative centre of the Khulna District and the Khulna Division. It is the divisional centre of 10 districts of the division. Khulna is also the seco ...
,
Savar Savar () is a city in central Bangladesh, located in the Dhaka District in the division of Dhaka. It is the closest separate city to the centre of Dhaka. It is also a part of the Greater Dhaka conurbation which forms the Dhaka megacity. About ...
and
Sylhet Sylhet (; ) is a Metropolis, metropolitan city in the north eastern region of Bangladesh. It serves as the administrative center for both the Sylhet District and the Sylhet Division. The city is situated on the banks of the Surma River and, as o ...
. They have ATM booths almost all over Dhaka and Chittagong.


History

After the partition of the subcontinent in 1947,
Standard Chartered Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in th ...
started its business in what is now Bangladesh in 1948, in the port city of
Chittagong Chittagong ( ), officially Chattogram, (, ) (, or ) is the second-largest city in Bangladesh. Home to the Port of Chittagong, it is the busiest port in Bangladesh and the Bay of Bengal. The city is also the business capital of Bangladesh. It ...
. In a move that Standard Chartered said transformed it into the largest foreign bank in Bangladesh, it acquired
Grindlays Bank The historic overseas bank was established in London in 1828 as Leslie & Grindlay, agents and bankers to the British Army and business community in India. Banking operations expanded to include the Indian subcontinent, the Middle East and eleme ...
from ANZ in August 2000. In doing so, it gained an operational history in the country dating back to 1905. In 2005, Standard Chartered bought out the Bangladesh banking operations of
American Express American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
.


At a glance

* No. of branches: 24 * No. of ATM: 96 * Established: 1905 (including ANZ Grindlays experience; Standard Chartered Bank originally established its first branch in Chittagong in 1948) * The oldest and largest foreign bank in Bangladesh * Only bank that never closed its doors over 110 years of banking operation in the country * First international bank to extend credit lines to Bangladesh and open the first external letter of credit (LC) in Bangladesh in 1972


References

{{Standard Chartered Banks of Bangladesh Standard Chartered Bangladeshi subsidiaries of foreign companies