Standard Chartered and Biman Bangladesh Airlines launch first regional treasury centre
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Standard Chartered Bank has announced a strategic partnership with Biman Bangladesh Airlines to establish the airline’s first Regional Treasury Centre (RTC).
This initiative marks a major milestone in Biman’s financial transformation journey and underscores its commitment to operational excellence, according to a media release.
Powered by Standard Chartered’s state-of-the-art Host-to-Host (H2H) solution, the RTC will centralise Biman’s treasury operations across the international markets where it operates, leveraging Standard Chartered’s unique global network and technological capabilities.
Dr. Md. Shafiqur Rahman, Managing Director & CEO of Biman Bangladesh Airlines, said,
"The establishment of our first Regional Treasury Centre, in collaboration with Standard Chartered, marks a significant milestone in Biman’s journey of financial modernization. We look forward to deepening this strategic relationship as we continue to enhance our financial capabilities."
Naser Ezaz Bijoy, Chief Executive Officer of Standard Chartered Bangladesh, said,
"We are proud to partner with Biman Bangladesh Airlines in launching their first Regional Treasury Centre—an important step towards enhancing financial efficiency and resilience. At Standard Chartered, we are committed to delivering innovative, technology-driven solutions that leverage our unique global footprint to support the growth ambitions of national champions across borders."