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Standard Chartered Bank (Bangladesh)

Standard Chartered Bank has been operating in Bangladesh for over a hundred years.[1] After the partition of the subcontinent in 1947, Bangladesh became East Pakistan; thereafter SCB started its business in 1948, in the port city of Chittagong. Standard Chartered Bank is doing exceptionally well in Bangladesh.

Today the bank is spread all over the country and is arguably the largest foreign bank in Bangladesh. It has branches in Bogra, Chittagong, Dhaka, Khulna, Savar and Sylhet. They have ATM booths almost all over Dhaka and Chittagong. Standard Chartered Bangladesh has bought out the Bangladesh operations of various other foreign banks such as Grindlays Bank[2] and American Express

About us

• Country Chief Executive Officer: Jim McCabe

• Local time: GMT +6 hours

• Language: Bengali, English

• Population: 164 million (July 2010 est.)

• Currency name: Taka (BDT)

• No. of branches: 26

• Established: 1905 (including ANZ Grindlays experience; Standard Chartered Bank originally established its first branch in Chittagong in 1948)

• We are the oldest and largest foreign bank in Bangladesh

• Only bank that never closed its doors over 100 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

• Financial Institutions business is the largest contributor to USD Clearing in New York

• A leading price player in treasury instruments and foreign currencies

• Leader and pioneer in Consumer Banking

Today, Standard Chartered Bank is the largest international bank in Bangladesh with 26 Branches, 57 ATMs and 7 Financial Kiosks; employing over 1,300 people. We are the only foreign bank in the country with presence in 6 cities – Dhaka, Chittagong, Khulna, Sylhet, Bogra and Narayanganj; including the country's only offshore banking units inside Dhaka Export Processing Zone...