This action might not be possible to undo. Are you sure you want to continue?
THE GLOBAL PERSPECTIVE .
and the Chartered Bank of India. founded in 1853. This friendly merger allowed both banks to capitalize on the expansion of trade caused by the increased movement of goods from Europe to the East and Africa. Chartered opened its first branches in Mumbai (Bombay).History Of Standard Chartered Bank The Standard Chartered Group was formed in 1969 through a merger of two banks: The Standard Bank of British South Africa founded in 1863. Australia and China. followed by Hong Kong and Singapore in 1859. The Standard Bank was founded in South Africa in 1862 by John Paterson The Chartered Bank was founded by James Wilson following the grant of a Royal Charter by Queen Victoria in 1853. Calcutta and Shanghai in 1858. .
During that time Kolkata was the most important commercial city and was the hub of jute and indigo trades. at Kolkata. With the opening of the Suez Canal in 1869 and the growth of cotton trade.Standard Chartered Bank In India Chartered Bank opened its first overseas branch in India. Standard Chartered offers a wide range of state-ofthe-art banking products and services through its network of 90 branches in 31 cities across the country.. on 12 April 1858. . Bombay replaced Kolkata as the main commercial center Today the Bank's branches and sub-branches in India are directed and administered from Bombay with Kolkata remaining an important trading and banking canter. To diverse financial needs.
SCB is the only international bank with a long unbroken banking history in India and China.Some Fact About Standard Chartered Bank Over 50 nationalities are represented among our top 500 senior executives. . SCB is one of three note issuing banks in Hong Kong. and the Middle-East. Africa. SCB is the only international bank with over 90% profits from Asia. SCB is the largest international bank in India in terms of branch network and profits SCB is the only bank in the Falkland Islands.
000 people. representing 115 nationalities. partnership and the diversity of our people Today we employ 75. We believe this diversity helps to fuel creativity and innovation. supporting the development of exciting new products and services for our customers worldwide. and you'll find 61 nationalities among our 500 most senior leaders.Principle and Fact of Standard Chartered Bank At Standard Chartered our success is built on teamwork. .
Africa and the Middle East Brand promise Leading by Example to be The Right Partner Values Responsive Trustworthy International Creative Courageous Commitment to stakeholders Customers .Helping our people to grow.Passionate about our customers' success.A distinctive investment delivering outstanding performance and superior returns . enabling individuals to make a difference and teams to win Investors .Standard Chartered Bank Stand for Strategic intent The world's best international bank Leading the way in Asia. delighting them with the quality of our service Our People .
Products and Services at Standard Chartered Bank Personal Banking:Personal Banking Plans Accounts Debit Cards Prepaid Cards Credit Cards Loans Investment Services Insurance Online Services Special Offers NRI Accounts SME Banking:Term Loan Express Trade Trade Services & Working Capital Business Installment Loan International Trade Account Loan/Overdraft Against Property Private Banking Wholesale Banking Islamic Banking Online Banking Mobile Banking .
Different Types of Saving Account in SCB Standard chartered Bank offers basically 6 different type of saving account. aXcess plus account Super value account Parivaar account No frills account aaSaan account 2-in-1 account . According to consumer needs it functioned and very useful.
We formed strategic alliances with Fleming Family & Partners to expand private wealth management in Asia and the Middle East. We acquired the business operations of American Express Bank in Bangladesh. making us the first foreign bank to be allowed a stake in a local bank in China. 1965 ± Bank of West Africa acquired 1973 ± The Hodge Group was acquired in the Uk 1979 ± Union Bank of California Acquired 1983 . SC First Bank in Korea. which to date is the biggest acquisition in our history.Recent strategic alliances and acquisitions Standard chartered Bank offers basically 6 different type of saving account. 1957 ± Eastern bank take over by Standard Chartered. We acquired a stake in Bohai Bank in Tianjin. China.Standard Chartered Merchant bank Acquired Midland & International Banks Limited . According to consumer needs it functioned and very useful.
2006 ± Hsinchu International Bank Acquired We acquired a 25% stake in First Africa Group Holdings in June 2006. 1999 ± SCB agrees to Acquire 89% of share Capital of Metropolitan Bank of Lebanon 2000 ± Grind lays bank acquired form ANZ bank 2000 ± Chase Manhattan Card Acquired in Hong Kong 2004 ± 63 % Stake Acquired in Pemata bank 2005 ± Acquisition of Korea first bank in South Korea. 2007 ± American Express Bank Acquired 2007 ± Acquisition of 74.Recent strategic alliances and acquisitions 1993 ± SCB acquires the First interstate bank of California 1996 ± SCB Cameroon becomes 100% subsidiary. 2007 ± Union Bank of Pakistan Acquired 2009 .SCB Kolkata¶s heritage building on Indian 5 Rupees Postal Stamp and England Letter Envelop .9% Strategic Stake in India¶s UTI Securities.
.Standard Chartered ± leading the way Standard Chartered is listed on London Stock Exchange and the Hong Kong Stock Exchange and BSC and NSC in India and is consistently ranked in the top 25 among FTSE-100 companies by market capitalization.
ATM card which allows customers to aXcess all Standard Chartered Bank ATMs and provides instant cash at all Visa Network ATMs in India and abroad.000 Category Minimum AQB Interest Rate Card offered 3.Saving Account in Standard Chartered Bank aXcess plus account:The Standard Chartered aXcess Plus Account comes with a globally valid debit . This account provides unparalleled access to your money through a variety of channels.5% ATM cum Debit Card ATM Cards Replacement of Pin Lost card re-issuance Rs 50 Rs 100 .cum . Highlights Regular 25.
* Available on maintenance of average quarterly balance of Rs 25.Saving Account in Standard Chartered Bank Some features: FREE Unlimited Visa ATM transactions* (Cash withdrawal and balance enquiry) FREE Standard Chartered Bank branch access across the county FREE Doorstep Banking FREE Demand Drafts/Pay Orders (drawn at SCB locations) FREE Payable at Par Chequebook International Debit Card Extended Banking Hours Phone banking. purchase protection. Net banking.000/- . 365 days branches Unique free insurance benefits.lost card. Multi-city banking.
000 3.50% Free 50 .Quaterly Bal.000 3.Comparison of Standard Chartered Bank¶s Saving Account with Other Bank¶s Standard Features Avg.50% Free Free Free Yes Bank 25.50% 25(Per month) Free 100 HDFC 20. Rate of Interest Internet Banking Doorstep Banking Phone Banking Quarterly Statement Monthly Statement Pass Book At Par Cheque Free Free Free Free Free Free Free 25 Txns PM Free 1 Lac PM Free Free Free Free Free 2 Lac PM Chartered 25.000 3.000 3.50% Free Free Free Barclays 1.
000 ATM & 50.000 Shopping Txns Debit Limit Card Txns Shopping 25 500 50 5 DDs in Yes Bank Location & 2 DDs in Corresponding 1 Lac ATM & ! Lac Shopping 100 Shopping 500 Account closure Free DD up to 1 Lac Rs Per day in Bank --Location DDs n payorders Free bank Location .Comparison of Standard Chartered Bank¶s Saving Account with Other Bank¶s Features Debit card Standard Chartered Yes Bank International Debit Car 1 % Cash Back on all Platinum International Silver Barclays Debit Card HDFC Gold Debit Card 1% Cash back on Cash Back Txns 2 Lacs ATM & 2 lakh --- --50.
The bank needs to make people aware about these products and the basic benefits they can derive out of it. people also go for the brand name because thay want to show their standard. The bank should increase the number of ATM¶s in the country as people feel that the bank has very few ATM¶s in the country. people more eager about banking service whatever bank charges for services as people have not much time. . therefore for existing customers of Savings Account of any Bank to shift to another Bank. this is very rarely the criteria or reason.Conclusion Almost all the Banks offer similar features and facilities with their Savings accounts. customers felt that the sales agents who approach them on behalf of the bank our not qualified enough to perform the task for this esteemed bank and thus we recommend that college students or fresh graduates from reputed colleges can be hired on part time basis for this job. Show they utilize latest service which provided by the banks.
THANK YOU .
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue reading from where you left off, or restart the preview.