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StanChart wins 2 Asset Triple A awards

TBP Desk
22 Dec 2022 00:00:00 | Update: 22 Dec 2022 01:10:18
StanChart wins 2 Asset Triple A awards

Standard Chartered Bangladesh was recognised as the ‘Best Service Provider, Cash Management’ and ‘Best Service Provider, Trade Finance’ at The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards 2022.

By devising bespoke omni-channel solutions and implementing cost and time saving technologies, the bank has provided clients with a meaningful and future-fit tool kit, said a press release.

With a strong focus on pioneering change and launching client-centric solutions, Standard Chartered Bangladesh remains dedicated to facilitating seamless and faster solutions for all stakeholders.

In 2022 alone, the bank has enabled one-of-a-kind cash management solutions for BRAC, Transcom Beverages Limited, World Vision Bangladesh, and Suguna Food and Feeds. Standard Chartered also completed the country’s first automated over-the-weekend loan disbursement for Nestlé Bangladesh.

The bank’s Digital Trade Counter has also had an immense impact on the document submission and status tracking process for both local and international businesses. The bank strongly advocated for allowing online Letter of Credit (LC) applications, and ultimately became the first bank in Bangladesh to transmit a fully online cross border LC upon approval from regulators.

The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards are industry excellence recognitions awarded annually to companies and financial institutions.

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