SCB Full Form- Standard Chartered Bank

Updated on 27 February, 2024

upGrad Abroad Team

upGrad Abroad Team

upGrad abroad Editorial Team

Being one of the first international banks to operate in India, Standard Chartered Bank has been there for more than 160 years. 

The Bank operates 100 locations in 42 different cities. 

In addition to consumer, private, and business banking, important business categories include corporate, commercial, and institutional banking. 

Together with a full-service universal bank, the group also operates a retail securities broking company, a non-banking finance lending entity to supplement the bank's presence in particular markets and regions, and it is the first foreign bank to start banking operations in India's International Financial Services Center (located in GIFT City, Gujarat). 

SCB is one of the top international banking groups in the world, operating in 59 of the most vibrant markets and providing services to customers in an additional 85. The brand promise, "here for good," embodies their origins and core beliefs, and it serves as a vehicle for promoting trade and prosperity.

Products and Services of Standard Chartered Bank

Transaction Banking: The customers will always need to do business with ease and success, no matter what obstacles they face. Customers need to strike a balance between long-term goals and short-term ones, such as hopes for sustainability and digitalization, in addition to ongoing operational necessities. 

Through the integration of global bank stability and local market expertise, the bank is able to cater to the transaction banking requirements of its clientele worldwide. The bank offers solutions to assist be ready for future prospects, ranging from financing options to support the clients' supply chain sustainably to cash management options to strengthen the treasury.

Financial Markets: Customers join the bank to enter and prosper in high-barrier markets, the bank offers in-depth analysis of Asia, Africa, and the Middle East in addition to unique trade execution and pricing for a variety of asset classes, such as FX, rates, and commodities. 

The bank also provides custom structural options for packaging requirements that are more complicated. They provide a wide range of options across dynamic networks to meet the financial requirements of customers, ranging from specialised finance to typical credit and debt market solutions. 

Furthermore, the bank can assist customers with all of their financial market needs because custody, clearing, and securities lending are all offered.

upGrad Abroad Team

upGrad abroad Editorial Team

We are a dedicated team of study-abroad experts, ensuring intensive research and comprehensive information in each of our blogs. With every piece written, we aim at simplifying the overseas education process for all. Our diverse experience as journalists, content writers, editors, content strategists, and marketers helps create the most relevant and authentic blogs for our readers.

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