Standard Chartered Pakistan
Standard Chartered Pakistan is a Pakistani banking and financial services company in Pakistan and is a wholly owned subsidiary of British multinational bank Standard Chartered.
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| Public | |
| Traded as | PSX: SCBPL |
| Industry | Banking Global Markets |
| Founded | 1863 |
| Headquarters | Principal Office Karachi Pakistan |
Key people | Shazad G. Dada CEO |
| Products | Loans, Credit Cards, Savings, Consumer Banking etc. |
| Parent | Standard Chartered |
| Website | www |
It is Pakistan's oldest and largest foreign commercial bank. It employs over 9000 people in its 94 branches in Pakistan.
History
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.[1][2][3]
See also
References
- "Standard Chartered Acquisition of 95.37% Interest in Union Bank Ltd" Standard Chartered, 6 September 2006
- "Standard Chartered acquires Union Bank" The Dawn, 5 September 2006
- "Standard Chartered Bank (Pakistan) Limited | EMIS " securities.com
External links
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