Standard Chartered Bank (Pakistan)

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Standard Chartered Bank (Pakistan) Limited
Type	Private
Founded	2006
Headquarters	Principal Office Karachi Pakistan
Key people	Badar Qazmi CEO, SCBPL
Industry	Banking Global Markets
Products	Loans, Credit Cards, Savings, Consumer Banking etc.
Revenue	(PKR)
Website	www.standardchartered.com/pk/

Standard Chartered Bank (Pakistan) Limited is Pakistan's oldest and largest foreign bank with over 150 branches in the country. The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi.

In 2006 Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank.

Contents 1 Functions 1.1 Consumer banking 1.2 Corporate and institutional banking 1.3 Global markets 1.4 Client Solutions and Risk Management 1.5 Service Provided 2 External links

[edit] Functions

[edit] Consumer banking

Standard Chartered provide mortgages, Credit Cards, personal loans, auto loans, deposit accounts, and wealth management products. In order to maximize customer convenience, we offer 24-hour phone banking, eStatements, SMS banking, ATM cards and VISA debit cards, as well as 46* online, state of the art branches in Pakistan.

[edit] Corporate and institutional banking

Corporate & Institutional Banking provides trade finance, cash management and lending services. This allows many buyers in Pakistan to borrow money to investment in other goods and service.

[edit] Global markets

Global Markets provides foreign exchange, interest rate management and debt capital markets services which are very dynamic in Pakistan as there are a lot of changes in the economic climate.

Standard Chartered Bank Pakistan Limited is an active price maker in the market and handles flows of multinationals and foreign investors in the stock market.

Standard Chartered Bank is one of the world's leading banks in foreign exchange and money market operations with specialist strengths in exotic currency products. Clients have access to a 24-hour dealing service through 20 dealing rooms in the principal financial centers. The bank has also established a strong reputation for dynamic involvement in new financial products such as options and derivatives and is particularly strong in the emerging market currencies of Asia, Africa and Latin America where it is recognized as being a first choice provider in many markets.

With presence in more than 50 countries and 150 years of experience, the bank has a large local customer base in each of these markets attracting large volume transactions.

We are acknowledged as a leader in a wide range of major currencies and other emerging markets, for both spot and forward rates. In addition, we have also established ourselves as a leading provider of a full range of financial risk management products. Customer profile includes private clients, local corporates, multinational companies, global corporates, investment institutions, financial institutions and Central Banks.

As a leading provider of financial risk management tools, Gulf Treasury offers a full range of products to enable you to effectively manage your currency exposures and risk. We invest time to understand your needs, and provide timely prudent solutions through a wide range of instruments and products.

You can be sure of exceptional service that comes from a leader with expertise in more than 50 countries and 150 years of experience.

[edit] Client Solutions and Risk Management

• Protection against adverse market movements
  • Foreign Exchange:
  • Transaction, translation, economic exposure
  • Interest Rates:
  • Funding, enhanced deposits
  • Corporate Finance
  • Acquisitions, disposals, CAPEX, dividends
  • Execution and advice on efficient hedging policy implementation
  • Access to onshore markets using SCB's capabilities
  • Structured products to match customers's risk appetite and requirements

[edit] Service Provided

• Foreign Exchange
  • Spot and Forward
• Asset & Liability management
  • Short Term loans/deposits
  • Interest rate / Liquidity management
• Economic Research & Analysis
• Customer Risk Management
  • Non Deliverable Forwards
  • FX Options
  • Interest Rate Derivatives
  • Interest Rate Swaps
  • Cross Currency Swaps
  • FRAs
  • Interest Rate Options
  • Financial Engineering

[edit] External links

• Standard Chartered Pakistan