STANDARD BANK LIMITED

Business Type: Financial Institution (Bank)

Company Introduction:

Standard Bank Limited is a prominent private commercial bank in Bangladesh. Established in 1999, it commenced operations with the goal of offering modern and innovative banking services to its clientele nationwide. The bank is publicly listed on the Dhaka Stock Exchange.

Standard Bank Limited provides a comprehensive array of banking products and services, serving individuals, small and medium-sized enterprises (SMEs), and corporate customers. Its offerings include:

Retail Banking: Savings accounts, current accounts, fixed deposits, various loan products (personal, home, auto), and debit and credit cards.

Corporate Banking: Working capital finance, term loans, project finance, trade finance, and treasury management services.

SME Banking: Customized financial solutions designed for small and medium businesses.

Foreign Exchange and Remittance Services.

Digital Banking platforms, including internet banking and mobile banking applications.

The bank is dedicated to fostering sustainable growth, upholding ethical standards, and contributing to the socio-economic progress of Bangladesh. It operates through an extensive network of branches, sub-branches, and ATMs, ensuring broad accessibility for its customer base.

Standard Bank Limited of Bangladesh produces or sells a comprehensive range of banking and financial products and services.

These include various deposit products such as Savings Accounts, Current Accounts, Fixed Deposit Receipts, Short Term Deposit Accounts, and specialized schemes like Deposit Pension Schemes, Millionaire Deposit Schemes, and Double Benefit Deposit Schemes.

For lending, the bank provides Personal Loans, Home Loans, Auto Loans, Business Loans, SME Loans, Agricultural Loans, and Project Financing. They also offer a full suite of Trade Finance solutions including Letters of Credit, Bank Guarantees, and Bill Discounting for import and export businesses.

Digital banking services are available through Internet Banking, Mobile Banking, SMS Banking, and an extensive ATM network. Customers can also avail of Debit Cards and Credit Cards including Visa Classic, Gold, and Platinum options. Other services include Locker Services and Remittance facilities for both inward and outward transactions.

Standard Bank Limited also operates a fully Shariah-compliant Islamic Banking window, offering products such as Mudaraba Savings Accounts, Al-Wadiah Current Accounts, Mudaraba Term Deposits, and various Islamic financing options like Bai-Murabaha, Hire Purchase under Shirkatul Melk (HPSM), and Ijara. Treasury services encompass Money Market and Foreign Exchange operations.