Standard Chartered (the Group) has recently announced a set of global measures to serve the present and long-term needs of its clients, communities and employees in the face of the COVID-19 pandemic.
Bill Winters, Group CEO, Standard Chartered said, “I would like to call out a big thanks to my colleagues who in many cases have worked heroically to keep all of our operations running. Thanks to our customers for trusting us with their financial affairs during this most challenging of times. And thanks to the communities where we have always felt the support and we are looking very much forward to returning that support in the days, weeks and months to come.”
The support measures announced include:
Speaking about the USD1 billion financing commitment, Simon Cooper, CEO of Corporate, Commercial & Institutional Banking at Standard Chartered, said: “Clearly there’s a cost for companies to switch into these hugely in-demand items, so it’s an area where we can help them get up and running more quickly. At the same time, we want to make sure that existing manufacturers and service providers get the support they need.”
Naser Ezaz Bijoy, CEO, Standard Chartered Bangladesh said, “Our thoughts go out to all those who have been affected by this worldwide public health emergency. The need of the hour is to do everything we can to address the unprecedented health threat facing us, and Standard Chartered is fully committed to this fight. These are challenging times for businesses and households alike and we need to come together to weather this storm so that our economy retains its growth trajectory once Covid-19 has been defeated.”
Last week, the Bank announced a range of initiatives to support its clients in Bangladesh.
© 2020 - All Rights with The Financial Express