The full form of SCB is Standard Chartered Bank. London, England serves as the corporate home of the British global investment bank and financial organisation Standard Chartered PLC. It employs around 87,000 people and has a network of more than 1,200 subsidiaries, branches, and joint ventures scattered across more than 70 countries. It is a universal bank that offers treasury services as well as finance for people, companies, and institutions.
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Important Details Regarding SCB
The following table contains important information about Standard Chartered Bank (SCB)
|Full Name Of SCB||Standard Chartered Bank|
|Sector||Banking and Financial Services|
|Founded on||As Chartered Bank of India, Australia, and China on 29 December 1853 As Standard Chartered on 18 November 1969|
|Services Offered||Private Banking, Mortgage Loans, Corporate Banking, Customer banking, Credit Card, Wealth Management and Investment banking.|
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History of SCB
Standard Chartered Bank is a multinational banking and financial services company with a history dating back to 1853. The bank was founded by a Royal Charter in 1853 in London, UK, and began operations in 1854. The bank’s early growth was driven by its involvement in financing the development of the British Empire, particularly in Asia and Africa. In 1858, the bank opened its first branch in Calcutta, India, and soon after, it expanded to other parts of Asia and Africa. In the early 20th century, Standard Chartered played a key role in the development of trade and finance in Asia. The bank provided financing for infrastructure projects such as railways and ports and helped to facilitate trade between Asia and Europe.
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