Standard Chartered Bangladesh (officially M/S Standard Chartered Bank Bangladesh Pvt. Ltd.) is a banking and financial services company headquartered in

Dhaka Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...

, Bangladesh and a wholly owned subsidiary of

Standard Chartered Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 9 ...

. Standard Chartered has been operating in

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

for over a hundred years. Standard Chartered Bank is currently promoting Saadiq Banking. Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. While private banks like Dutch Bangla Bank Limited and BRAC Bank Limited have booths all over the country, the bank is holding limited space here though it is one of the largest foreign banks in Bangladesh. It has branches in

Bogra Bogra ( bn, বগুড়া), officially known as Bogura, is a major city located in Bogra District, Rajshahi Division, Bangladesh. The city is a major commercial hub in Northern Bangladesh. It is the second largest city in Rajshahi Divi ...

Chittagong Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in B ...

Khulna Khulna ( bn, খুলনা, ) is the third-largest city in Bangladesh, after Dhaka and Chittagong. It is the administrative centre of Khulna District and Khulna Division. Khulna's economy is the third-largest in Bangladesh, contributing $53 b ...

Savar Savar ( bn, সাভার) is a city in central Bangladesh, located in Dhaka District in the Dhaka Division, division of Dhaka. It is the closest city from Dhaka. It is also a part of Greater Dhaka conurbation which forms the Greater Dhaka, D ...

and

Sylhet Sylhet ( bn, সিলেট) is a metropolitan city in northeastern Bangladesh. It is the administrative seat of the Sylhet Division. Located on the north bank of the Surma River at the eastern tip of Bengal, Sylhet has a subtropical climate an ...

. They have ATM booths almost all over Dhaka and Chittagong.

History

After the partition of the subcontinent in 1947,

started its business in what is now Bangladesh in 1948, in the port city of

. In a move that Standard Chartered said transformed it into the largest foreign bank in Bangladesh, it acquired

Grindlays Bank The historic overseas bank was established in London in 1828 as Leslie & Grindlay, agents and bankers to the British army and business community in India. Banking operations expanded to include the Indian subcontinent, the Middle East and elemen ...

from

ANZ ANZ may refer to: People * Anz (musician), a British DJ and electronic musician Banks * ANZ (bank), Australia and New Zealand Banking Group Limited, the fourth-largest bank in Australia ** ANZ Bank New Zealand, the largest bank in New Zealand ** ...

in August 2000. In doing so, it gained an operational history in the country dating back to 1905. In 2005, Standard Chartered bought out the Bangladesh banking operations of

American Express American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was found ...

At a glance

* No. of branches: 24 * No. of ATM: 96 * Established: 1905 (including ANZ Grindlays experience; Standard Chartered Bank originally established its first branch in Chittagong in 1948) * The oldest and largest foreign bank in Bangladesh * Only bank that never closed its doors over 110 years of banking operation in the country * First international bank to extend credit lines to Bangladesh and open the first external letter of credit (LC) in Bangladesh in 1972

References

{{Standard Chartered Banks of Bangladesh Standard Chartered Bangladeshi subsidiaries of foreign companies