Standard Chartered Pakistan Bank Information and Services

Standard Chartered Pakistan is a leading international bank with a long history in the country. It was established in 1863 and has since grown to become one of the largest foreign banks in Pakistan.

The bank offers a wide range of services to its customers, including corporate and institutional banking, personal banking, and treasury services. It has a strong presence in major cities across Pakistan, including Karachi, Lahore, and Islamabad.

Standard Chartered Pakistan has a reputation for its excellent customer service, with a team of experienced and knowledgeable staff who are always available to assist with banking needs.

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If you're making an international money transfer to a bank account in Pakistan, you'll need to provide a few extra details, such as an IBAN or SWIFT code, to ensure your money arrives quickly and safely.

Banks assign IBANs to each of their accounts to make sure international transfers are processed correctly.

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In Pakistan, the IBAN for Standard Chartered Bank (pakistan) Limited consists of 24 characters, including a 2-letter country code, 2-digit check number, 4 characters from the bank code, and 16 digits for the bank account number.

The IBAN example for Standard Chartered Bank (pakistan) Limited in Pakistan is PK36SCBL0000001123456702.

Here's a breakdown of the IBAN:

You can find your IBAN by logging into Standard Chartered Bank (pakistan) Limited online banking, checking your bank statement, or working it out based on the example above.

Standard Chartered Pakistan has received numerous awards and recognitions for its outstanding performance. The bank was awarded the "Best Bank in Pakistan" by The Banker in 2020.

The bank's commitment to innovation and customer satisfaction has earned it several accolades. It was also named the "Best Retail Bank in Pakistan" by the Asian Banker in 2019.

Standard Chartered Pakistan has consistently demonstrated its ability to deliver high-quality services to its customers.

Standard Chartered Pakistan delivered a record operating profit for Q3-2022, a remarkable achievement that showcases the bank's strength and resilience.

The bank's profit before tax was a staggering PKR 36.4 billion, an increase of 98% year on year. This impressive growth was driven by strong income growth and continued cost and risk discipline.

The bank's overall revenue grew by 70% to deliver a top-line of PKR 45.1 billion, with positive contributions from all segments. This is a testament to the bank's diversified product base and its ability to cater to the needs of its clients.

Here are the key highlights of the bank's Q3-2022 performance:

The bank's CEO, Mr. Rehan Shaikh, expressed his confidence in the bank's strategy, stating that the results give him the confidence to deliver real value to clients, investors, and the communities where they operate.

The Asset Triple A Award 2021 was a significant recognition for the bank's exceptional performance.

The bank won the Best Service Provider – Cash Management award, showcasing its expertise in managing cash flows efficiently.

Its Best Service Provider – Supply Chain award highlighted the bank's ability to streamline supply chain operations for its clients.

The bank's Best Renminbi Bank award demonstrated its leadership in renminbi banking services.

It also received the Best Supply Chain Solutions for Indus Motor Company award, underscoring its ability to provide tailored solutions for large corporations.

Additionally, the bank won the Best Supply Chain Solutions for IATA award, further solidifying its reputation as a trusted partner in supply chain management.

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Standard Chartered Pakistan offers a range of bank services and programs designed to make your life easier and more convenient.

One such service is the online banking facility, which allows you to manage your accounts, pay bills, and transfer funds from the comfort of your own home. This service is available 24/7, making it easy to fit into your busy schedule.

The bank also offers a mobile banking app that lets you access your accounts and perform transactions on the go. This app is available for both iOS and Android devices, making it accessible to a wide range of customers.

With Standard Chartered Pakistan, you can also take advantage of their credit card services, which offer rewards, cashback, and other benefits. Their credit cards are designed to help you manage your expenses and earn rewards on your purchases.

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The Sohni Dharti Remittance Program is a game-changer for those sending money back home. This program makes sending remittance a rewarding experience.

The program is designed to make sending money back home a smoother process. It's clear that the goal is to make life easier for those who need to send remittance.

Sending remittance back home just got rewarding with the Sohni Dharti Remittance Program.

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Standard Chartered Personal Loan is a hassle-free way to fulfill your needs. It's a convenient option for those who want to access cash quickly without the hassle of a lengthy application process.

This loan is designed to help you cover unexpected expenses, consolidate debt, or even fund a big purchase. With a Standard Chartered Personal Loan, you can get the money you need when you need it.

You can borrow a lump sum of money, and the loan amount is flexible, allowing you to choose the amount that suits your needs. The loan tenure is also flexible, giving you the freedom to repay the loan over a period that works for you.

The loan offers a competitive interest rate, making it a cost-effective option for those who need access to cash. By choosing a Standard Chartered Personal Loan, you can avoid high-interest rates and fees associated with other types of loans.

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Standard Chartered Bank Pakistan has been keeping its stakeholders informed through regular press releases.

The bank's most recent press release was on 24-10-15, where they presented a corporate briefing session.

Standard Chartered Bank Pakistan declared its second interim cash dividend for the year 2024 on 24-09-02.

The bank has been transparent about its financial performance, releasing its quarterly reports on time. For instance, the quarterly report for the period ended 30 June 2024 was made available to the public on 24-08-29.

You can find the bank's half-yearly accounts on their website, dated 24-08-28.

The bank's financial results for Q2 2024 were also released on 24-08-26.

Here is a summary of the bank's recent press releases:

Standard Chartered Pakistan has a strong management team in place, with Rehan M. Shaikh serving as the CEO since 2020-08-04.

The company's performance has been steady, with a 1-day return of +0.57% and a 1-week return of +0.57%. This trend continues in the current month, with a return of +0.57%.

Here is a brief overview of the company's quotes:

The company's management team is also experienced, with Syed Ejaz Alam serving as the Director of Finance/CFO and Ajanthan Sivathas serving as the CTO since 2022-11-30.

Valuation is a crucial aspect of bank management, and Standard Chartered Bank (Pakistan) Limited is no exception. The bank's capitalization has fluctuated significantly, ranging from 588M to 64.26B.

Let's take a closer look at the bank's capitalization over the years:

The P/E ratio is another important metric to consider, with the bank's 2022 P/E ratio being 3.86x and 2023 P/E ratio being 3.22x.

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As we explore the world of bank management, it's interesting to see the people behind the scenes. One notable example is Standard Chartered Bank (Pakistan) Limited, where we can find some key individuals.

Irshad Ahmad Aijaz is a Shariah Board Member at the bank. He has been in this role since.

Muhammad Abdul Mubeen is also a Shariah Board Member, holding the same position as Aijaz. His tenure at the bank is not specified.

Nizam Yaqoobi is another Shariah Board Member at Standard Chartered Bank (Pakistan) Limited, but the duration of his tenure is unknown.

Here are the Shariah Board Members mentioned:

In the world of banking, performance is everything. The quotes and performance of a bank can make or break its reputation and future prospects.

The 1-day and 1-week performance of a bank can fluctuate greatly, but Standard Chartered Bank (Pakistan) Limited has managed to stay consistent with a +0.57% increase over both periods.

The current month has seen a +0.57% increase for Standard Chartered Bank (Pakistan) Limited, while other banks have experienced varying degrees of change. For example, Agricultural Bank of China Limited has seen a -1.17% decrease.

Looking at the 3-month performance, we can see that Standard Chartered Bank (Pakistan) Limited has had a +4.76% increase, which is significantly higher than the -4.70% decrease experienced by PT Bank Central Asia TBK.

Here's a summary of the 1-day and 1-week performance of the banks mentioned:

The 6-month performance has seen a -7.13% decrease for Standard Chartered Bank (Pakistan) Limited, which is a significant drop. On the other hand, ICICI Bank Limited has experienced a +23.88% increase over the same period.

The current year has seen a +0.57% increase for Standard Chartered Bank (Pakistan) Limited, which is a steady performance.

Standard Chartered Pakistan is a notable player in the commercial banking sector. It has seen a significant increase in its capital, reaching $740 million. The bank's performance has been impressive, with a 1-year change of +44.02% and a 3-year change of +66.61%.

The bank is not alone in its success, as many other commercial banks have also experienced growth. For example, ICICI Bank Limited has seen a 1-year change of +23.88% and a 3-year change of +61.69%. On the other hand, Agricultural Bank of China Limited has faced a decline, with a 1-year change of -1.17%.

Here's a list of some of the commercial banks mentioned in the article, along with their 1-year and 3-year changes:

The weighted average of the commercial banks' 1-year change is +0.47%, while the average 1-year change is +0.09%. The average 3-year change is +20.49%, indicating a general trend of growth in the commercial banking sector.