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Standard Chartered PLC

Corporate Profile

The Company is the ultimate holding company of Standard Chartered Bank, particularly focused on the markets of Asia Pacific, the Middle East and South Asia and Africa. The Company has no significant operations or assets other than its 100% interest in Standard Chartered Bank. The Group is headquartered in the United Kingdom, and has a network of over 500 branches and offices in more than 50 countries and about 28,100 employees. The Asia Pacific region is currently Standard Chartered's largest region, and Hong Kong is its largest single market.

Standard Chartered operates two business divisions: Consumer Banking and Wholesale Banking. Consumer Banking offers banking services, deposit taking services, credit cards, personal loans, mortgages, auto finance and wealth management services to individuals and small and medium-sized businesses in a number of Standard Chartered's markets. Wholesale Banking provides debt capital markets, treasury, advisory services and structured trade services, cash management and custody services, as well as more traditional lending and trade finance services, to a wide range of corporate and institutional clients.

Standard Chartered was created from the merger in 1969 of The Chartered Bank and The Standard Bank Limited. Both banks were established in the mid-nineteenth century and their origins lie in financing trade in the emerging markets of Asia and Africa. Standard Chartered has a long history in these markets. The Chartered Bank opened its first branch in Hong Kong in 1859 and was given a licence to issue Hong Kong bank notes in 1862.


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