SCB Tops Global Finance’s Trade Finance Providers List in BD2 min read

Standard Chartered Bank has been honored with the esteemed title of “Best Trade Finance Provider” in Bangladesh by Global Finance, marking a significant achievement in the realm of international banking and finance. The recognition was announced at the prestigious Best Trade Finance Provider Awards 2024, underscoring Standard Chartered’s commitment to excellence and innovation in trade finance solutions.

The award reflects Standard Chartered’s unwavering dedication to delivering superior trade finance products and services, setting the benchmark for industry standards in Bangladesh. Renowned for its global reach and comprehensive suite of trade and supply chain solutions, Standard Chartered plays a pivotal role in driving economic growth across key sectors such as energy, infrastructure, telecommunications, pharmaceuticals, manufacturing, and apparel.

Key factors contributing to Standard Chartered’s success include its exceptional transaction handling capabilities, expansive global coverage, commitment to customer service excellence, competitiveness, and leadership in sustainable finance and digital innovation. The bank’s emphasis on leveraging technology to streamline trade processes and enhance efficiency has been particularly noteworthy, with a wide array of digital trade products accessible through its advanced digital channels.

Luthful Arefin Khan, Head of Transaction Banking at Standard Chartered Bangladesh, expressed pride in the bank’s achievement, emphasizing its strategic focus on investing in cutting-edge technologies and tools to drive the future of trade financing. Khan highlighted Standard Chartered’s role in powering the diversification of industries, promoting modernization to boost productivity and efficiency, and championing sustainable and circular economy initiatives across key sectors.

Standard Chartered’s recognition as the “Best Trade Finance Provider” in Bangladesh by Global Finance serves as a testament to the bank’s unwavering commitment to excellence, innovation, and customer-centricity in the realm of trade finance. As Standard Chartered continues to pave the way for sustainable growth and digital transformation in Bangladesh’s banking sector, its leadership and contributions are poised to shape the future of international trade and finance in the region.

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