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Standard Chartered wins prestigious GMR Corporate Social Responsibility award

  • United Arab Emirates: Wednesday, March 08 - 2006 at 08:23
  • PRESS RELEASE

Standard Chartered Bank, one of the leading international banks in the UAE, has scooped the prestigious 2005 Gulf Marketing Review (GMR) Effectiveness in Marketing award for Corporate Social Responsibility.

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The accolade was awarded to the Bank in the face of fierce competition for its 'Seeing is Believing' charity, the Bank's global initiative which aims to restore the sight of one million blind people over the next three years.

"Corporate Social Responsibility is an increasingly significant component of the marketing function and this category featured some outstanding entries from across the Gulf," said Peter Barton, Editor, GMR. "Standard Chartered's 'Seeing Is Believing' campaign demonstrated a willingness to take the initiative in a particular activity and, crucially, succeed in getting the buy-in of its employees."

The awards were organized by GMR to support the development of marketing and best operational practices across the GCC, and to promote greater accountability in marketing.

Ray Ferguson, CEO Standard Chartered UAE, said:

"Our vigorous strategy to raise awareness for this campaign has paid off. To date the UAE fundraising programme has raised 20% of the total funds raised globally for 'Seeing Is Believing'."


"Standard Chartered continually promotes this initiative among staff, the media, the public and at a corporate level. We have used every tool available to us to highlight this campaign, from the in-house magazine 'The Teller' to sponsorship of the Dubai Marathon. In the process, every staff member has become an unofficial but passionate Ambassador of 'Seeing Is Believing'," he added.

Nick Hughes, Standard Chartered's Regional Head of Real Estate, and Country Coordinator for 'Seeing is Believing' who accepted the award on behalf of the Bank, explained that 'Seeing is Believing' reflects Standard Chartered's five values - Creativity, Responsiveness, Trust, Courage, and a commitment to a Global Perspective.

To date, Standard Chartered UAE alone has raised sufficient funds to restore sight to 20,000 people. This year's AED25 entrance fee for the three kilometre race at Standard Chartered Dubai Marathon 2006 went to 'Seeing Is Believing'.
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Notes and media contacts

For further information, please contact:

Niall McLoughlin
Regional Head of Corporate Affairs, Standard Chartered Bank
Tel: +9714 (0) 4 5070467
Fax: +971 (0) 4 3594174
Mobile: +971 (0) 50 6251329

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

Standard Chartered PLC is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is ranked in the top 25 among FTSE-100 companies, by market capitalisation.

Standard Chartered has a history of over 150 years in banking and is in many of the world's fastest growing markets. It has an extensive global network of over 1,200 branches (including subsidiaries, associates and joint ventures) in 56 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. As one of the world's most international banks, Standard Chartered employs over 44,000 people, representing 89 nationalities, worldwide.

Serving both Consumer and Wholesale Banking customers, the Bank combines deep local knowledge with global capability to offer a wide range of innovative products and services as well as award winning solutions.

Standard Chartered is committed to be the Right Partner to all our stakeholders by living its values in its approach to managing its people, exceeding expectations of its customers, making a difference in the communities that we operate in and working with its regulators. The Bank is trusted across its network for its standard of governance and corporate responsibility.

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