Standard Chartered Bank Nepal

Standard Chartered Bank Nepal Ltd.

Native name	स्टान्डर्ड चार्टर्ड बैंक नेपाल लि.
Company type	Public
Traded as	NEPSE: 133
Industry	Banking
Founded	30 January 1987; 38 years ago (30 January 1987)
Headquarters	New Baneshwor, Kathmandu , Nepal
Area served	Nepal
Key people	Ms. Zarin Daruwala (chairman) Mr. Gorakh Rana (CEO)
Products	Banking
Parent	Standard Chartered
Website	www.sc.com/np

Standard Chartered Nepal (officially Standard Chartered Bank Nepal Limited; Nepali: स्टान्डर्ड चार्टर्ड बैंक नेपाल लिमिटेड) is a banking and financial services company in Nepal and a subsidiary of Standard Chartered PLC. Currently it is the only international commercial bank operating in the country.^[1]

History

It was established on 30 January 1987, with 70.21% ownership by Standard Chartered Group and 29.79% ownership by the Nepalese public.^{[2][3][4][5][6][7][8][9]}

Based on a study by University of Nottingham, Standard Chartered Nepal brought positive changes to the local community in terms of setting up a role model of ESG goals.^[10]

References

1. "Foreign Bank Branch Licensing Policy, 2022" (PDF). Nepal Rastra Bank. Retrieved 3 November 2024.
2. "About Us". Standard Chartered. Retrieved 20 August 2021.
3. "About us". Standard Chartered Bank Nepal. Retrieved 24 May 2013.
4. "Standard Chartered donates Rs 16.3 million to Save the Children for Nepal Covid-19 response". OnlineKhabar English News. 9 August 2021. Retrieved 20 August 2021.
5. "Standard Chartered Bank Nepal launches Banking API". OnlineKhabar English News. 22 June 2021. Retrieved 20 August 2021.
6. Joshi, Kriti (3 December 2020). "Standard Chartered Bank reaffirmed with AAA rating 2nd year in a row". The Himalayan Times. Retrieved 20 August 2021.
7. "Covid-19 Nepal: Standard Chartered Bank donates medical equipment to govt". OnlineKhabar English News. 14 June 2021. Retrieved 20 August 2021.
8. "Standard Chartered Nepal gets Excellence in Learning and Development Award". OnlineKhabar English News. 30 March 2021. Retrieved 20 August 2021.
9. "SCBN supports BWSA". The Himalayan Times. Himalayan News Service. 2 February 2021. Retrieved 20 August 2021.
10. Gocher, Tim; Chan, Wen Li; Ramachandran, Jayalakshmy; Yee, Angelina Seow Voon (23 May 2024). "Corruption in least developed countries and ESG (responsible) investment: Standard Chartered Bank in Nepal". Journal of Financial Regulation and Compliance. 32 (3): 293–312. doi:10.1108/JFRC-07-2023-0112. Retrieved 3 November 2024.