StanChart wins Euromoney Awards

Standard Chartered recently won the award "Best Bank in Bangladesh" by London-based Euromoney magazine at the Euromoney Awards for Excellence 2023 for launching inventive and impactful community projects, adopting a concentrated focus on accelerating zero carbon emissions and creating new opportunities for countless stakeholders.

This milestone victory is a recognition of the bank's long-standing push to embrace digitalisation and disruption – a strategy that has enabled Standard Chartered to stand at the forefront of financial innovation, said a press release.

In recent months, the multinational bank continued its pioneering streak with a number of 'firsts' for the country, including the transmission of the first end-to-end digital cross-border letter of credit, the completion of the first automated over-the-weekend loan disbursement, and the launch of new and original digital learning tools.

The bank's commitment to supporting Bangladesh's continued journey of prosperity saw the Bank secure over 25 major international awards in 2022.

"These awards, coupled with support from our valued stakeholders and well-wishers, inspire us to keep moving forward in the service of our nation," said Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh.

For more than 118 years, Standard Chartered has remained dedicated to driving commerce and development by investing in communities, expanding the reach and scale of services to promote greater inclusion, and by creating new opportunities for stakeholders.

Euromoney Magazine was launched in 1969 to cover the emergence of the international cross-border capital markets. Euromoney's Awards for Excellence were established in 1992 and were the first of their kind in the global banking industry.

They remain the worldwide gold standard in this regard and are determined by an editorial panel of judges following a three-month research and interview process.