Loading AI tools
From Wikipedia, the free encyclopedia
Standard Chartered Pakistan (Urdu: اسٹینڈرڈ چارٹرڈ پاکستان) is a Pakistani banking and financial services company in Pakistan and is a wholly-owned subsidiary of British multinational bank Standard Chartered.
Company type | Public |
---|---|
PSX: SCBPL KSE 100 component | |
Industry | Banking Global Markets |
Founded | March 1863 |
Headquarters | Principal Office Karachi-74000, Pakistan |
Key people | Rehan Muhammad Shaikh CEO |
Products | Loans, Credit Cards, Debit Cards, Savings, Consumer Banking, Premium Banking, Business Banking, Islamic Banking, Priority Banking etc. |
Revenue | Rs. 107.48 billion (US$370 million)[1] (2023) |
Rs. 89.22 billion (US$310 million)[1] (2023) | |
Rs. 42.62 billion (US$150 million)[1] (2023) | |
Total assets | Rs. 1.00 trillion (US$3.5 billion)[1] (2023) |
Total equity | Rs. 96.22 billion (US$330 million)[1] (2023) |
Number of employees | 2,072[1] (2023) |
Parent | Standard Chartered |
Website | www |
It is Pakistan's oldest and largest foreign commercial bank. Standard Chartered Pakistan currently employs over 2,000 staff at 40 branches in 10 different cities.[2]
The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi.
In 2006, Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank.[3][4][5]
Standard Chartered was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ). It had four suspicious transactions flagged.[6]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.