![]() Standard Chartered Singapore logo since 2021. | |
![]() Standard Chartered Singapore head office in Marina Bay Financial Centre, Singapore. | |
Industry | Banking, Financial services |
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Predecessor |
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Founded | 1859[1] Singapore, Straits Settlements | ,
Headquarters | , |
Area served |
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Key people | Patrick Lee (CEO) |
Services | Credit cards Consumer banking Corporate banking Investment banking Mortgage loans Private banking Wealth management |
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Total assets | ![]() |
Number of employees | 1,400 (2016)[3] |
Website | sc |
Standard Chartered Singapore (officially Standard Chartered (Singapore) Limited) is the Singapore based subsidiary of British banking and financial services company, Standard Chartered. Opening its first branch in 1859, the bank is one of the oldest in continuous operation in Singapore.[1] The bank received its Qualifying Full Bank (QFB) licence in October, 1999, being one of the first foreign bank to qualify for the licence.[4]
The bank (Standard Charted (Singapore) Limited) was officially incorporated in 2013 to handle Standard Chartered's Singapore Consumer Banking retail and SME banking business.[5] In 2018, operations of Standard Chartered in Singapore was merged with Standard Chartered Singapore, with the Qualifying Full Bank (QFB) licence transferred to the company. It currently operates a network of 19 branches, 7 Priority Banking centres and 31 ATMs in the country.[6][7][8] The number of ATMs available for customers is expanded through its shared network under the atm5 network with Citibank Singapore, HSBC, State Bank of India, Maybank, The Royal Bank of Scotland and Bank of China.