Standard Bank PLC Is A Private Commercial Bank In Bangladesh. Kazi Akram Uddin Ahmed Is The Founding Chairperson Of The Bank And Kamal Mostafa Chowdhury Is The Founding Vice Chairperson Of The Bank.
History
The Bank Was Established On June 3, 1999 With An Approved Capital Of 750 Million Taka. [4] Kazi Akram Uddin Ahmed Is The Founding Chairperson Of The Bank.
In July 2004, Standard Bank Extended 100 Million BDT Credit To International Leasing And Financial Services Limited.
In 2007, The Bank Decided To Offer A 12% Dividend At The 9th Annual General Meeting Held At BDR Darbar Hall, Which Was Chaired By Chairperson Kazi Akramuddin Ahmed.
Mamun-ur-Rashid Was Appointed Managing Director Of The Bank In October 2016.
The Anti-Graft Commission Has Filed A Case Against Mamun Ur Rashid, Former Managing Director Of Standard Bank Limited, As Well As Sachetan Sahajjo Songstha And Seven Other Officials Of Standard Bank Limited, Alleging That They Misappropriated The Bank's 40 Million Munca In February 2021. Md Asaduzzaman, Senior Special Judge Of The Metropolitan Court Of Dhaka, Has Sent Mamun Ur Rashid, Former Managing Director Of Standard Bank Limited, To Jail In The Case Of Misappropriating The Bank 40 Million Bangladesh Taka In October 2022.
Standard Bank Limited Decided To Switch From Traditional Banking To Sharia Complaint Banking; It Closed For 4 Days In December 2020 For The Transition.
Standard Bank Took Part In Sports 2020 As It Made Redundancies During The Pandemic.
In 2021, A Group Of Standard Bank Employees Filed A Complaint With Bangladesh Bank, Alleging That The Bank Violated Labour Laws. The Complaint Alleges That Standard Bank Forced Employees To Work Overtime Without Pay And Discriminated Against Pregnant Women And Women With Small Children. Bangladesh Bank Is Still Investigating The Complaint.
In 2022, A Group Of Standard Bank Employees Staged A Protest Against The Bank's Management. Protesters Claimed That The Bank Had Failed To Pay Employees Overtime And Had Not Provided Adequate Training And Support To Staff. The Protest Was Eventually Resolved, But It Highlighted Concerns Among Some Employees About The Treatment They Received At Standard Bank.
In January 2023, Standard Bank Limited Donated 40 Million Taka To Prime Minister Sheikh Hasina's Bailout Fund. Kazi Khurram Ahmed, Son Of Standard Bank Limited Chairperson Kazi Akram Uddin Ahmed, Was Elected As The Bank's Vice Chairperson.
Financial Services
- SME Banking
- Retail Banking
- Card Services (Credit And Debit Cards)
- Foreign Exchange And Related Services
- Probashi Banking
- Correspondent Banking
- Islamic Banking
