SCB retains first position among foreign banks

ICMAB’s Best Corporate Award

Standard Chartered Bank (SCB), Bangladesh has won the first position in Institute of Cost and Management Accountants of Bangladesh (ICMAB’s) ‘Best Corporate Performance Award’ 2012 in the foreign commercial bank category.

The ICMAB Best Corporate Award, now in its fourth year, recognises the country's best corporate enterprises and encourage others to adopt good corporate culture and management. Commerce Minister GM Quader bestowed this year's awards at a ceremony held at a hotel in Dhaka recently.

Abrar A Anwar, Managing Director, Head of Origination and Client Coverage and Co-Head, Wholesale Banking of Standard Chartered Bank, Bangladesh received the award at the ceremony.

Commenting on the occasion, he said “Bangladesh is a core market for Standard Chartered, we take pride in our contribution to the economy. This award highlights our success story and is a testament to our strong performance in Bangladesh and continued commitment to this market.”

Standard Chartered Bank, Bangladesh has retained its position from last year in the foreign commercial bank category. Standard Chartered Bangladesh also received the “Best Bank in Bangladesh” at the Banker Awards 2012 and 2010; “Best Foreign Commercial Bank in Bangladesh” in 2012, 2011, 2010 and 2009, by FianaceAsia; “Best Retail Bank in Bangladesh” Award in 2011 and 2007 from ‘The Asian Banker: Excellence in Retail Financial Services’.

Standard Chartered Bank is the largest foreign bank in Bangladesh with 19 branches, 9 booths and 20 express banking centres and it is the only foreign bank in the country with the presence in six major cities, along with offshore banking units inside the two major Export Processing Zones of the country.

Source:- http://www.daily-sun.com 15 jan 2013