SCB wins Excellence in Mastercard Credit Business

Standard Chartered Bangladesh has won Excellence in Mastercard Credit Business for both its domestic and international card offerings.

The Bank has been recognised for “Excellence in Mastercard Credit Business (Domestic) 2019-20” and “Excellence in Mastercard Credit Business (International) 2019-20” at the “Mastercard Excellence Award 2020” event held recently, according to a press release.

PM's Advisor Salman Fazlur Rahman was present at the award giving ceremony that took place in the virtual platform as Chief Guest.

Porush Singh, Division President, South Asia, Mastercard, senior representatives from leading financial institutions, dignitaries, chamber leaders, business community leaders and merchants from across the country attended the virtual programme.

Speaking about the recognition, Sabbir Ahmed, Head of Retail Banking, Standard Chartered Bangladesh said, “Over the years, we've been consistently building on our pioneering legacy of having been the first to introduce Credit Cards in Bangladesh, with a wide range of credit card offerings that go beyond the ordinary and suit the evolving lifestyle needs of our clients.”

Porush Singh, Division President, South Asia, Mastercard, said, “Bangladesh is a vibrant, dynamic market and an important part of our global footprint. It is also a market characterised by intensifying competition in the consumer finance space.”

Standard Chartered was the first Bank in the country to introduce Credit Cards. The bank was also the first to launch ATMs in Bangladesh to promote alternate channel banking along with internet banking solutions for the retail customers.

Continuing the pioneering streak, the Bank was the first to introduce an automated 24-hour call centre to address the needs of the clients. Standard Chartered is the only multinational universal Bank in the country, offering a full range of financial services to cater to its clients’ need.