Review on Standard Chartered by Jorge Hernández
banking trajectory that crosses continents
In the banking sector, entities generate trust among their clients mainly for these reasons:
1- Due to its experience as a well-structured entity at the corporate level
2- For the financial products it offers
3- For the policies it uses to protect its clients' assets
For Standard Chartered Bank these are the elementary foundations of its business philosophy; This is demonstrated by its long history in the banking market since 1853, when it established its headquarters in the United Kingdom (London).
Standard Chartered Bank basically covers these sectors and products:
• Banking services aimed at companies and corporations
• Financial instruments to government agencies
• Banking products for consumers or individuals
• Treasury management or administration of assets in custody
• Business loans
• Financing in general
• Online services
Standard Chartered Bank is a company that has a large structure both financially and corporately; with a presence in more than 70 countries around the world where it has a large number of natural, governmental and commercial clients.
Through its commercial and banking services; Standard Chartered Bank intends to promote commercial development, investment and wealth growth in several Latin American countries, and in jurisdictions of particular interest such as the African and Asian continents and the population of the Middle East; since part of its most significant income originates in these regions.
Thinking about the safety of your customers; Standard Chartered Bank has established a series of anti-fraudulent policies that have earned it the trust of its wide clientele, and has established a channel for them to report threats directly to their institution, as a prevention.
Pros
- Long-standing banking entity in the financial sector
- It has branches in different jurisdictions around the world
- Has a large corporate structure
- Sponsors important sporting events
- Employs policies that prevent fraud
Cons
- It does not have branches around the world
