Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. The Bank enjoys the status of the only international bank currently operating in Nepal. It is also the only Bank in Nepal accredited with ICRANP-IR AAA rating by ICRA Nepal as the safest bank regarding timely servicing of financial obligations.
Globally, we are a leading international banking group with a 160-year history in some of the world’s most dynamic markets. Our heritage and values are expressed in our brand promise, Here for good. Our operations reflect our Purpose, which is to drive commerce and prosperity through our unique diversity. With 85,000 employees, we are present in 59 markets and are listed on the London and Hong Kong Stock Exchanges. There are 124 nationalities, and 100 ethnicities present in our workforce and 174 languages / dialects spoken by our colleagues across the Bank.
With 14 points of representation across the country and more than 504 local staff, Standard Chartered Bank Nepal Limited is serving its clients and customers through a strategic domestic network. In addition, the global network of Standard Chartered Group enables the Bank to provide truly international banking services in Nepal. Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers including individuals, mid-market local corporates, multinationals, large public-sector companies, government corporations as well as the development organizations segment comprising of aid agencies, multilateral entities, non-government organizations and international non-government organizations. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. It is the first Bank in Nepal to implement the Anti- Money Laundering policy and to apply the ‘Know Your Customer’ procedure on all the customer accounts.
In 2018, the Bank launched new Valued Behaviours , to help us become more ‘Human’ and bring our Purpose to life. Since then, we have applied them to everything we do – how we work, how we lead and how we make decisions. These three valued behaviours are a shared understanding of how we relate to one another, our clients and our communities.
The Bank believes in delivering shareholder value in a social, ethical, and environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and colleagues live.
“Futuremakers by Standard Chartered” is our global sustainability initiative to tackle inequality by promoting greater economic inclusion in our markets. Futuremakers supports disadvantaged young people, especially girls and people with visual impairments, to learn new skills and improve their chances of getting a job or starting their own business. Globally we set out to fundraise and donate USD50 million for Futuremakers between 2019 and 2023 to empower the next generation to learn, earn and grow. The Bank is also actively engaged with the local communities in raising awareness around Financial Literacy, Environment, Health and Education including conducting rehabilitation activities for communities affected by the COVID 19 pandemic. Over the last six years, we’ve demonstrated that we can be a profitable, purpose-led company that is Here for good. We’ve laid a strong foundation (Chapter 1) and returned to growth (Chapter 2). We believe our unique history, core capabilities, diverse footprint and international reputation gives Standard Chartered the potential to be a leading disruptor, innovator, and champion of change. The world is facing unprecedented challenges, which is why there has never been a more important time for the Bank to lean into this moment and accelerate change and transformation. To this end, we kicked off the next phase of our transformation journey (Chapter 3) in 2021, taking a stand for climate change, wider