Standard Chartered Logo – Standard Chartered Bank is a bank Britain with headquarters in London, with operations in more than seventy countries. operates a network of over 1,700 branches and outlets (including subsidiaries, associates and joint ventures ) and employs 73,000 people.
Despite its British base, has few customers in the UK and 90% of its profits come from Asia, Africa and Middle East. Because the bank’s history is intertwined with the development of the British Empire, its operations are predominantly in the former British colonies, although in the last two decades has expanded to countries that have historically had little British influence. Its aim is to provide a regulatory bridge between these developing economies. Currently focuses on consumers, corporate and institutional banking, and the provision of treasury services in which the Group had particular strength and experience.
Standard Chartered is listed on the London Stock Exchange and the Hong Kong Stock Exchange and is part of the index FTSE 100. Its main shareholder is Temasek Holdings. Has recently signed a sponsorship deal with Premier League team Liverpool FC to wear the company logo on your jersey, given the roll of the club in Asia is a great marketing move.
The name Standard Chartered comes from the two original banks from which it was founded and merged in 1969 – The Chartered Bank of India, Australia and China, and the Standard Bank (South Africa). In those early years, the two banks prospered. Standard Chartered Bank has a significant branch in Kolkata. 4 opened its first branches in Bombay, Calcutta and Shanghai in 1858, followed by Hong Kong and Singapore in 1859. With the opening of the Suez Canal in 1869 and the extension of the telegraph to China in 1871, Chartered was able to expand and develop their businesses.
In South Africa, Standard, having established a considerable number of branches, was prominent in financing the development of the diamond fields of Kimberley from 1867 and later extended its network further north to the new town of Johannesburg when gold was discovered there in 1885. Half of the production’s second largest gold deposit in the world step by Standard Bank on its way to London.