Standard Chartered Bank has arranged the first ever Green Bond in Bangladesh for PranAgro Limited, a concern of PRAN-RFL Group, said a press release. The total face value of the bond is BDT 1.50 billion. The proceeds of the bonds will be utilised to finance green and energy-efficient initiatives of PRAN
Tag: SCB
SCB launches Bangladesh’s first digital trade counter
Standard Chartered Bangladesh has launched the country’s first Digital Trade Counter, an online “drop-off” counter, where clients can submit trade transaction applications and related documents, said a press release. This innovative, secure and self-reliant platform is low on documentation and high on data security. Through this solution, corporate clients can access
SCB launches pre-shipment finance programm for RMG workers
Standard Chartered Bank has disbursed USD Denominated Pre-Shipment Loans, to support the Ready-Made Garments industry face the challenges imposed by COVID-19, said a press release. The unique COVID-19 response finance programme was designed through consultation with renowned buyers, enabling enhanced liquidity support for clients in a challenging environment. The Bank’s clients can
Bangladesh a compelling case for UK investors: Speakers
03Public and private sector leaders of Bangladesh and UK came together at “Showcase Bangladesh 2021: Bangladesh-UK Investment Summit”, to discuss the many win-win propositions that can take UK-Bangladesh trade and investment relations to new heights. Speakers touched upon the compelling growth story of Bangladesh, with solid fundamentals and growth drivers leading
SC Bank executes sustainable trade finance transaction
Standard Chartered Bangladesh has executed country’s first sustainable trade finance transaction locally and provided sustainable trade finance support to Square Textiles, a subsidiary of Square Group, in supplying yarn made from sustainably sourced cotton to their local buyer Echotex Ltd under a Letter of Credit transaction. Standard Chartered Bank’s Sustainable Trade
SC Bank declares interim targets for pathway to net zero by 2050
Standard Chartered (the group) announced ambitious new targets to reach net-zero carbon emissions from its financed activity by 2050, including interim 2030 targets for the most carbon-intensive sectors on Monday. The Group's approach is based on the best data currently available and aligns to the International Energy Agency's Net Zero Emissions
Standard Chartered, BIDA host ‘Showcase Bangladesh 2021’ event
Standard Chartered and Bangladesh Investment Development Authority (BIDA) hosted jointly ‘Showcase Bangladesh 2021: Bangladesh-Japan Investment Summit’ event where public and private sector leaders of Bangladesh and Japan discussed the long-standing relationship between the two nations, and the shared opportunities that exist. The virtual forum showcased the partnership potential between Bangladesh and
Bangladesh set to become a USD 500bn economy by 2026
Bangladesh remains a compelling growth story, despite the global pandemic, said Standard Chartered’s leading economists recently. The bank’s global research team was speaking at a media session held following the 2021 Bangladesh session of the Bank’s Global Research Briefing series. M. A. Mannan MP, Honourable Minister, Ministry of Planning graced
SCB launches SMART Credit Card for a digital first lifestyle
Standard Chartered Bangladesh recently announced the launch of Standard Chartered SMART Credit Card (“SMART Card”). This unique credit card is designed for the digital-first lifestyle, offering everyday benefits centring around convenient borrowing, digital rewards and self-service capabilities, a press release said. Extensive client research by the Bank shows that particularly younger
Benchmark wins awards for creativity for Standard Chartered
Public relation agency Benchmark PR's promotional campaign for its client Standard Chartered won the COMMWARD 2021 award recently. Titled 'Bank with Belief: the relaunch of Standard Chartered Saadiq', the campaign was recognised for its ideation and efficacy at the 10th edition of the COMMWARD: Excellence in Creative Communication and won silver