SCB Rakes In 10 Banker Awards
By Kartika Rahman

Bandar Seri Begawan - Standard Chartered Bank took home an unprecedented haul of 10 awards at The Banker Awards London, recently including the top award for Global Bank of the Year.

The Global Bank of the Year Award recognises SCB's performance in regions of Asia, Africa and the Middle East and the bank's "prudent acquisition strategy". SCB's acquisitions include SC First Bank in Korea (2005), Union Bank in Pakistan and Hsinchu International Bank in Taiwan (2006).

Standard Chartered Bank has also won two key regional awards (Asia Pacific and Africa), six country awards and the awards for the Best CSR (Corporate and Social Responsibility) Bank. The country awards were for best bank in Afghanistan, Botswana, Cote d'Ivoire, Gambia, Kenya and Sierra Leone.

"I would like to thank our employees for their hard work and our customers for allowing us to serve them. The awards presented to us by The Banker recognises the progress we have made towards our strategic intent to be the world's best international bank, leading the way in Asia, Africa and the Middle East," said Mr Peter Sands, SCB's Chief Executive.

The bank's chairman, Mr Mervyn Davies, reiterated the bank's intent adding that the bank has kept a clear focus on its key regions while increasing its diversity to deliver consistent performance.

"We have built a more balanced spread of geographies and a broader range of services in consumer and wholesale banking;" he said.

The strengthening trade links between Asia, particularly China and Africa, have received much attention in 2006. As the only international bank with strong presences in both Asia and Africa, Standard Chartered is helping to fund growing trade activity.

Awards won by Standard Chartered are the Global Bank of the Year Award, Best Regional Bank in Africa, Best Regional Bank in Asia Pacific, Best CSR Bank Award, Best Bank in Afghanistan, Best Bank in Botswana, Best Bank in Kenya, Best Bank in Sierra Leone, Best Bank in Gambia, and Best Bank in Cote d'Ivoire.-- Courtesy of Borneo Bulletin

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