Standard Chartered Bank – Leading the way in Asia, Africa and the Middle East
Malaysia’s first bank
Standard Chartered Bank Malaysia Berhad, a member of the Standard Chartered Group was established in Malaysia in 1875 when its first branch opened for business at Downing Street, Penang.
The Bank was locally incorporated on 1 July 1994. Its local board of directors is chaired by Tan Sri Dato’ Mohd Sheriff Mohd Kassim. As Malaysia’s first bank with over 130 years of history, Standard Chartered employs more than 5,000 employees within its Malaysian operations which covers 37 branches across the country, a global shared service centre located at Technology Park Malaysia, a customer service centre at Taman Tun Dr Ismail, a wholly owned subsidiary, Price Solutions which markets its retail financial products, an offshore facility in Labuan and a head office located at Menara Standard Chartered, Jalan Sultan Ismail, Kuala Lumpur.
In 2008, it was granted a license to establish its Islamic Banking division into a wholly owned subsidiary, Standard Chartered Saadiq Berhad.
Leading the way
Standard Chartered leads the way through product innovation, consistent and strong growth performance and sustainability initiatives. It provides a comprehensive range of financial products and services including retail, Islamic and wholesale banking for individuals, small and medium-sized enterprises, as well as corporate and institutions through its network of 37 branches across Malaysia.
The Bank pioneered the following firsts in Malaysia:
* The first international bank to set up an Islamic Banking arm (1993) and the first to launch several Islamic products such as the Murabahah program (2005), Profit Rate Swap (IPRS), Cross Currency Swap (ICCS) and Wiqa Forward Rate deal in 2006, Islamic Trade and Supply Chain proposition and TRAIn-I (Total Return Alternative Investments) in 2007 under its Islamic Banking brand, Standard Chartered Saadiq.
* The first bank to establish a global hub for its banking operations. Scope International KL today provides support to the Group’s operations in up to 70 countries and houses the country’s biggest software development centre.
Awards and Achievements (2007 & 2008)
* Best Regional Retail Business in Asia at The Asian Banker’s Excellence in Retail Financial Services 2008
* Brand Laureate Heritage Award for Brand Excellence 2008
* No 1 Top Bookrunner of Malaysian Syndicated Loans in 2007 by IFR Asia
* No 2 Top Lead Manager for Conventional Bonds Issue Value 2007 by Malaysian Rating Corporation Berhad
* SME Sahabat (Small Medium Entreprises) Award for 3 consecutive years for significant contribution to promote and develop SMEs in Malaysia since 2005
* The Asian Banker Award for achievement in cash management in 2007
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