Standard Chartered Bangladesh has been recognised as the ‘Market Leader for Trade Finance’ in Bangladesh as part of the 2022 Euromoney Trade Finance Asiamoney Trade Finance Survey, a press release said on Sunday.
This survey was conducted by Euromoney and Asiamoney, which aggregated and analysed independent client responses. The 2022 surveys saw responses from over 10,700 individual clients-emphasising Standard Chartered Bangladesh’s strong presence in trade finance.
“The greatest asset of any financial institution is the trust placed in us by our clients and the communities we serve. We are humbled to be recognised as Market Leader for Trade Finance by the Euromoney and Asiamoney,” said Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh.
Enamul Huque, Managing Director, Head of Client Coverage, Corporate, Commercial & Institutional Banking of Standard Chartered Bangladesh said, “Winning Market Leader for Trade Finance in both the 2022 Euromoney Trade Finance Survey and the 2022 Asiamoney Trade Finance Survey is an honour – especially because this win is based on client opinions and testimony. We are grateful to our clients for their votes of confidence.”
Standard Chartered Bangladesh plays a key role in leading and shaping the trade finance. In 2021 alone, Standard Chartered pioneered the first trade financing transaction using Risk Free Rate (RFR) – to support and expedite the transition from LIBOR, executed the nation’s first local Sustainable Trade Finance Transaction and launched the country’s first Digital Trade Counter.
