Standard Chartered Bank Nepal Limited
Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. The Bank enjoys the status of the only international bank currently operating in Nepal.'
They are a leading international banking group with a 160-year history in some of the world’s most dynamic markets. Their heritage and values are expressed in their brand promise, Here for good. Their operations reflect their Purpose, which is to drive commerce and prosperity through their unique diversity. They are present in 60 markets and serve clients in a further 85. Supported by their global functions, their businesses serve four client segments in four regions- Europe & Americas, Africa and Middle East, ASEAN & South Asia, Greater China & North Asia. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.
With 15 points of representation, 26 ATMs across the country and more than 531 local staff, Standard Chartered Bank Nepal Limited is serving its clients and customers through an extensive domestic network. In addition, the global network of Standard Chartered Group enables the Bank to provide truly international banking services in Nepal. Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers including individuals, mid-market local corporates, multinationals, large public-sector companies, government corporations, airlines, hotels as well as the development organizations segment comprising of embassies, aid agencies, bilateral entities, multilateral entities, non-government organizations and international non-government organizations. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. It is the first Bank in Nepal to implement the Anti- Money Laundering policy and to apply the ‘Know Your Customer’ procedure on all the customer accounts.
The Bank believes in delivering shareholder value in a social, ethical and environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live.
From 2003 to 2018, the Bank’s Global Community Program Strategy focused on health and education with Seeing is Believing (SiB) as the flagship program to tackle avoidable blindness and visual impairment. In 2018, the Bank achieved its ambitious target to raise USD100 million globally for SiB two years ahead of schedule. In Nepal, they continue to support all existing SiB commitments until 31 December 2020.
In May 2019, the Bank’s new Global Community Program Strategy “Futuremakers by Standard Chartered” was launched in Nepal subsequent to the global launch in January 2019. This initiative focuses on empowering the next generation to learn, earn and grow. There are three pillars to the strategy: education, employability and entrepreneurship. It builds on the success of their current community programs while growing their ambition to ensure that they are reaching more young people across their markets. The Bank is also actively engaged with the communities in raising awareness around Financial Literacy, Environment, Health and Education.See more