Standard Bank Limited, occupied the leading position in 3rd generation private commercial bank, to explore a new horizon in innovative modern Banking creating an automated computerized environment providing one stop service and prepare itself to face the new challenges of globalization of 21st century.
Bank provides assistance for local and international trade using every mood of finance to the traders, exporters, manufactures, individual etc.
The international trade encompasses a substantial portion of business conducted by the Bank. During the year 2004, the bank has contributed in the national economy after successfully handling of foreign exchange transactions viz. Import, Export (Both local and foreign).
In the wake of recession of business, the government is currently pursuing an accommodative monetary policy through a number of measures such as reduction in Bank rate, reduction in interest rate in government bonds and reduction on SLR requirement, simultaneously adoption of floating exchange rate and open market operation fueling incentives towards private investment with the aim of creating more capital avenues thereby generating more income to add to the GDP of the economy. In the juncture, it is very tough for a Bank to remain on track of competition to achieve desired goal in international trade. In order to achieve our cherished goal of achieving consumer satisfaction we extend our hand in the following sector:
Ø Trade Finance
Ø Small & Medium Business
Ø House Building loan
Ø Consumer Credit
Ø Transport Loan
Ø International Trade
Ø Project Financing
Ø Lease Financing
Ø Financing for BMRE
Ø Agricultural loan
Ø Special finance for non-traditional item
Ø Syndication Finance
Mood of finance that we provide:
ü Secured Overdraft: For Work Order, General purpose etc.
ü Cash Credit (Hypothecation)
ü Cash Credit (Pledge)
ü Letter of Credit
ü Back to Back L/C
ü Loan against Trust Receipt
ü Loan against Import Merchandise
ü Bank Guarantee
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