StanChart Bangladesh wins two ABF awards

Standard Chartered Bangladesh has recently earned two accolades at award ceremonies organised by Asian Banking and Finance (ABF).

The bank was recognised as ‘International Trade Finance Bank of the Year’ at the ABF Wholesale Banking Awards 2022 and received ‘Islamic Banking Initiative of the Year’ award at the ABF Retail Banking Awards 2022, said a statement.

Standard Chartered Bangladesh was awarded ‘International Trade Finance Bank of the Year’ for placing a relentless focus on digitisation and sustainability, constantly innovating, executing pioneering transactions, and building client-centric trade solutions.

The bank’s Saadiq Sadaqah Account was recognised as being Bangladesh’s ‘Islamic Banking Initiative of the Year’. The Standard Chartered Saadiq Sadaqah Account – the first account of its kind – is designed to empower clients to seamlessly donate profits realised in the account to a charity of their choice.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh said, “Resilient trade remains one of the key enablers of Bangladesh’s stellar economic growth. On the other hand, Islamic finance is fast approaching an inflection point – with clients seeking solutions that cater to their banking needs and their values simultaneously.”

“I am thrilled that the Standard Chartered team has been recognised by Asian Banking and Finance for innovating and introducing trade and client-oriented solutions. A big thank you to our valued clients, regulators, and wider network – whose trust and support gives us the strength to make an impact in the present, while working towards our aspirations for the future,” he added.

With over 117 years of uninterrupted presence in the nation, Standard Chartered Bangladesh is the only multinational universal Bank in Bangladesh.

Standard Chartered’s commitment to support Bangladesh’s continued journey of prosperity saw the bank secure 31 major international awards in 2021.

Asian Banking and Finance (ABF) is an industry magazine serving Asia’s dynamic financial services industry. At present, ABF generates content such as features, people profiles, analyses, and sector reports which are relevant to commercial, retail, and investment banking companies in Asia.