Standard Chartered re-launches Islamic Online Treasury (OLT) under Saadiq

Notes and media contacts

About Standard Chartered Bank

Standard Chartered - leading the way in Asia, Africa and the Middle East

Standard Chartered PLC, listed on both the London Stock Exchange and the Hong Kong Stock Exchange, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and the number of employees have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.

Standard Chartered aspires to be the best international bank in its markets through leading by example to be the right partner for its stakeholders. The group now employs 73,000 people, representing 115 nationalities, in more than 1,700 branches and outlets located in over 70 countries. The bank derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, with balanced income derived from both Wholesale and Consumer Banking.

The group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. For more information, please visit: www.standardchartered.com

About Standard Chartered Saadiq

Standard Chartered Saadiq offers an extensive range of innovative Shariah compliant products ranging from deposits, investments, financing, capital markets to treasury and hedging products. All of the products are certified by an independent Shariah board comprising internationally reputed scholars. The Bank prides itself on receiving numerous accolades for Islamic Banking solutions since 2005 and plays a significant role in helping shape the Islamic Banking industry across its key markets in Asia, Africa and the Middle East.

Since the brand inception in 2007, Saadiq has garnered a reputation as a leader in Islamic Financing with diverse products across geographies and arranged more than 10 billion dollars in Islamic structured financing for its clients.

For further information, please contact:

Lilian Yong Babani
Regional Head of Corporate Affairs, MENA
Tel: +9714-5083221or Mobile: +97150240 1273

Jai Ganesh
Corporate Affairs Manager, Wholesale Banking, Singapore
Tel: +65 67257752 or Mobile: +65 96573837