Standard Chartered Bank Nepal

Standard Chartered Nepal (officially Standard Chartered Bank Nepal Limited; Nepali: स्टान्डर्ड चार्टर्ड बैंक नेपाल लिमिटेड) is a banking and financial services company in Nepal and a subsidiary of Standard Chartered PLC. Currently it is the only international commercial bank operating in the country.[1]

Standard Chartered Bank Nepal Ltd.
Native name
स्टान्डर्ड चार्टर्ड बैंक नेपाल लि.
Company typePublic
NEPSE133
IndustryBanking
Founded30 January 1987; 37 years ago (30 January 1987)
Headquarters
New Baneshwor, Kathmandu
,
Area served
Nepal
Key people
Anirvan Ghosh Dastidar (CEO)
ProductsBanking
ParentStandard Chartered
Websitewww.sc.com/np

History

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It was established on 30 January 1987, with 70.21% ownership by Standard Chartered Group and 29.79% ownership by the Nepalese public.[2][3][4][5][6][7][8][9]

Based on a study by University of Nottingham, Standard Chartered Nepal brought positive changes to the local community in terms of setting up a role model of ESG goals.[10]

References

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  1. ^ "Foreign Bank Branch Licensing Policy, 2022" (PDF). Nepal Rastra Bank. Retrieved 3 November 2024.
  2. ^ "About Us". Standard Chartered. Retrieved 20 August 2021.
  3. ^ "About us". Standard Chartered Bank Nepal. Retrieved 24 May 2013.
  4. ^ "Standard Chartered donates Rs 16.3 million to Save the Children for Nepal Covid-19 response". OnlineKhabar English News. 9 August 2021. Retrieved 20 August 2021.
  5. ^ "Standard Chartered Bank Nepal launches Banking API". OnlineKhabar English News. 22 June 2021. Retrieved 20 August 2021.
  6. ^ Joshi, Kriti (3 December 2020). "Standard Chartered Bank reaffirmed with AAA rating 2nd year in a row". The Himalayan Times. Retrieved 20 August 2021.
  7. ^ "Covid-19 Nepal: Standard Chartered Bank donates medical equipment to govt". OnlineKhabar English News. 14 June 2021. Retrieved 20 August 2021.
  8. ^ "Standard Chartered Nepal gets Excellence in Learning and Development Award". OnlineKhabar English News. 30 March 2021. Retrieved 20 August 2021.
  9. ^ "SCBN supports BWSA". The Himalayan Times. Himalayan News Service. 2 February 2021. Retrieved 20 August 2021.
  10. ^ Gocher, Tim; Chan, Wen Li; Ramachandran, Jayalakshmy; Yee, Angelina Seow Voon (23 May 2024). "Corruption in least developed countries and ESG (responsible) investment: Standard Chartered Bank in Nepal". Journal of Financial Regulation and Compliance. 32 (3): 293–312. doi:10.1108/JFRC-07-2023-0112. Retrieved 3 November 2024.