Standard Chartered Bangladesh recently claimed the titles of “Best CSR Bank” and “Most Innovative Digital Bank” at this year’s International Business Magazine Awards.
To earn the title of “Best CSR Bank” in Bangladesh, Standard Chartered has implemented a variety of sustainability and community engagement efforts that complement Bangladesh’s evolving social, developmental, environmental, and economic needs. In recent months, the Bank has collaborated with Friendship to provide 7,000 char-based farmers with end-to-end agricultural support; accelerated capacity building efforts by donating oxygen plants to three community hospitals; and partnered with UCEP to facilitate job readiness for underprivileged youth. In addition to a number of other activities, the Bank has also planted thousands of trees across Bangladesh to combat climate change and launched initiatives – both online and offline – that promote learning.
Standard Chartered claimed the award for “Most Innovative Digital Bank” for continuously exploring trends and new technologies in order to deliver best-in-class experiences, achieve transformative growth, and champion going cashless. In 2022, the Bank continued its pioneering streak with a number of ‘firsts’– 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 creation of bespoke cash management solutions for clients. The Bank’s SC Mobile application and online iBanking portal were also upgraded to provide customers with added security and transparency.
Bitopi Das Chowdhury, Head of Corporate Affairs, Brand & Marketing, Standard Chartered Bangladesh, said, “Our ever-changing digital landscape impacts how we interact with customers, clients, and communities. To make the most of our capabilities we are helping to make online learning accessible nationwide while implementing training programmes for youths that promote future-fitness. Our work with char communities and our donation of oxygen plants to rural hospitals are rooted in an aim to install capacity-building technologies in areas that need it most. New paperless digital solutions for our clients and customers are available 24/7 to make banking cashless, sustainable, and accessible. Being recognised by International Business Magazine is a strong signal in the trust and confidence placed in our Bank to provide cutting-edge solutions. We are committed to remain a valuable partner to the development of the nation and the people of Bangladesh in areas far beyond only banking.”
– Press release