| Standard Chartered Bank (Pakistan) Limited (SCBPL) | |
| Type: | Public |
| Traded As: | KSE 100 component |
| Location: | Principal Office Karachi-74000, Pakistan |
| Key People: | Rehan Muhammad Shaikh CEO |
| Industry: | Banking Global Markets |
| Products: | Loans, Credit Cards, Debit Cards, Savings, Consumer Banking, Premium Banking, Business Banking, Islamic Banking, Priority Banking etc. |
| Revenue: | [1] |
| Revenue Year: | 2023 |
| Income Year: | 2023 |
| Net Income Year: | 2023 |
| Assets Year: | 2023 |
| Equity Year: | 2023 |
| Num Employees: | 2,072 |
| Num Employees Year: | 2023 |
| Parent: | Standard Chartered |
Standard Chartered Pakistan (Urdu: اسٹینڈرڈ چارٹرڈ پاکستان) is a Pakistani banking and financial services company in Pakistan and is a wholly-owned subsidiary of British multinational bank Standard Chartered.
It is Pakistan's oldest and largest foreign commercial bank. Standard Chartered Pakistan currently employs over 2,000 staff at 40 branches in 10 different cities.[2]
The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi.
In 2006, Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank.[3] [4] [5]
Standard Chartered was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ). It had four suspicious transactions flagged.[6]