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Standard Bank Limited (Bangladesh)

Main Activities: Commercial Banking
Full name: Standard Bank Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Bank was incorporated in Bangladesh as a Public Limited Company on May 11, 1999 under the Companies Act, and commenced commercial operation on June 3, 1999.
The Bank was listed on Dhaka Stock Exchange on January 1, 2003 and Chittagong Stock Exchange on November 17, 2003.
The Bank is engaged in encompassing a wide range of services including accepting deposits, making loans, discounting bills, conducting money transfer and foreign exchange transactions and performing other related services, such as safe keeping, collections, issuing guarantees, acceptances and letters of credit.
The principal activities of the bank are to provide all kinds of commercial banking services to its customers through its branches SME branches, such as innovate and sell financial products and services, cross border trade services, grow, develop and maintain client relationship, attract and manage investment, create brand awareness and commit to social and environmental responsibilites.
The Bank operates Islamic banking in two branches designated for this purpose in complying with the rules of Islamic shari a. A separate balance sheet and income statement are presented as recommended by the Central Shari a Board for Islamic Banking in Bangladesh.
In 2021, the bank activities are transferred from conventional banking to Islamic banking.
The Bank name was changed from Standard Bank Limited into Standard Bank PLC with effect from January 16, 2024.
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Headquarters
Standard Bank Ltd, Head Office, Islam Chamber (6Th Floor), 1, 122-124 Motijheel Commercial Area
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.standardbankbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 11, 1999
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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35%
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32%
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25%
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4%
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4%
Subsidiaries
Sbl Capital Management Limited
99.99%
Standard Bank Securities Ltd
99.99%
Company Performance
Financial values in the chart are available after Standard Bank Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
-2.16%
Operating profit (EBIT)
-19.58%
Net Profit (Loss) for the Period
-31.4%
Total assets
-0.96%
Total equity
2.76%

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