StanChart wins Asiamoney award

Staff Correspondent

6 April, 2021 12:00 AM printer

Standard Chartered Bank Bangladesh has been recognised as the ‘Best International Bank’ Asiamoney Awards 2021 recently.

Asiamoney’s award committee supported by proprietary research by its editorial committee, lauded Standard Chartered for being a “part of the firmament of Bangladesh in a way no other foreign bank can hope to emulate”.

With the Bangladesh economy growing at between 5 and 7 percent for the past decade, the bank has positioned itself to support this journey, facilitating major investments in power, energy, transportation and urban development, said a press release.

Standard Chartered is already supporting various key multi-billion-dollar infrastructure projects such as the construction of a third terminal at Dhaka Airport (a $2.5 billion project), the $1.98 billion Bangabandhu Railway Bridge and $1.2 billion Dhaka Elevated Expressway.

In addition to supporting the nation’s economic progress and development through its core business of banking, the bank stood by grassroot communities across Bangladesh fight the Covid-19 pandemic.

Standard Chartered Bangladesh Chief Executive Officer Naser Ezaz Bijoy said that this award is a testament to our continued commitment be a partner in progress to Bangladesh.

“With the legacy of many milestones and innovations over 116 years of uninterrupted service, we are privileged to be able to stand by our nation,” he added.