Standard Chartered Pakistan
From Wikipedia, the free encyclopedia
 | |
| Type | Private |
|---|---|
| Traded as | KSE: SCBPL |
| Industry |
Banking Global Markets |
| Founded | 2006 |
| Headquarters |
Principal Office Karachi Pakistan |
| Key people | Mohsin Ali Nathani CEO, SCBPL |
| Products | Loans, Credit Cards, Savings, Consumer Banking etc. |
| Revenue |
 (PKR) |
| Website | www.sc.com/pk |
Standard Chartered Pakistan (officially Standard Chartered Bank (Pakistan) Limited) is a banking and financial services company in Pakistan and a wholly owned subsidiary of Standard Chartered.
It is Pakistan's oldest and largest foreign commercial bank. It employs over 9000 people in its 162 branches in Pakistan.
History
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.[1][2][3]
See also
References
- ↑ "Standard Chartered Acquisition of 95.37% Interest in Union Bank Ltd" Standard Chartered, 6 September 2006
- ↑ "Standard Chartered acquires Union Bank" The Dawn, 5 September 2006
- ↑ "Standard Chartered Bank (Pakistan) Limited | EMIS " securities.com
External links
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