• HSBC

Standard Chartered Abu Dhabi branch gets a facelift

  • United Arab Emirates: Sunday, May 14 - 2006 at 11:49
  • PRESS RELEASE

Standard Chartered, one of the leading international banks in the UAE, has instigated a revamp of its Istiqlal Branch in Abu Dhabi in line with its strategy of boosting services and facilities to the UAE capital.

The Istiqlal Branch will be closed for renovation from 11 May to 28 June 2006.

Refurbishment is aimed at giving all customer touch points in the Istiqlal Branch a fresh and friendly look. It includes rebranding, the installation of new high technology automated teller machines (ATMs) and interior refinements.

"This is the latest in a series of initiatives launched to raise the bank's profile and activities within the important market place in the UAE's capital,"


said Jeremy Parrish, CEO - Abu Dhabi & Al Ain, Standard Chartered Bank.

Standard Chartered Bank operates two branches within the city of Abu Dhabi - the second is on Hamdan Street.

The bank launched an intensive growth strategy for the UAE capital last year with the appointment of a dedicated CEO for Abu Dhabi and the platinum sponsorship of the first Abu Dhabi Golf Championship.

"Our overall aim is to partner both the public and private sector in Abu Dhabi as the emirate as a whole moves towards a new era of privatisation, project development and openness," explained Parrish. "We perceive the capital as a key market and believe that opportunities will abound across a range of financial offerings from retail to project financing and we are determined to play a leading role in these developments."

Standard Chartered Bank UAE operates the largest number of branches of any international bank in the country with 10 outlets throughout the Abu Dhabi, Dubai and the Northern Emirates.
 
Article Options
Log in to request more information from Standard Chartered Bank (SCB)

Notes and Media Contacts »

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 almost 44,000 people, representing 89 nationalities, worldwide.

Standard Chartered's strengths lie in its breadth, diversity and balance and is trusted across its network for its standard of governance and corporate responsibility. The Bank is committed to all its 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.

Standard Chartered uniquely derives 95% of profits from Asia, Africa and the Middle East. 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.

Some of the major awards won in 2005 by the Bank include:
1. IFR Asia's Domestic Bond House of the Year
2. Finance Asia's Best Local Currency Bond House & Best Securitisation House
3. Asia Risk's Interest Rates Derivatives House of the Year
4. Trade Finance's Best Trade Finance Bank in Sub Saharan Africa
5. Global Custodian's Best Agent Bank in Asia
6. The Asset's Best Cash Management Bank for South Asia
7. Retail Banker International's Best Retail Bank in Asia Pacific.

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions