What Is the Full Form of SCB?
The full form of SCB is the Standard Chartered Bank. Standard Chartered PLC, whose headquarters is located in London, England, are a British multinational investment bank and financial firm. It comprises a chain of over 1,200 subsidiaries and branches across more than seventy countries via subsidiaries, associates, and joint ventures, as well as employs about 87,000 individuals. It is a universal bank with individual, business and institutional finance and treasury services.
It does not perform retail banking in the UK, given its UK base, and about 90% of its profits arrive from Asia, Africa, and the Middle East. Standard Chartered is part of the FTSE 100 Index and has a primary listing on the LSE (London Stock Exchange). The title Standard Chartered comes from the names of Chartered Bank of India, Australia & China and Standard Bank of British South Africa, the two banks which it was developed by merging in 1969.
Important Information about Standard charted Bank
A few important pieces of information about SCB are tabulated below.
|Full name of SCB
|Standard Chartered Bank
|On 29 December 1853, 166 years ago, Chartered Bank was established.
On 18 November 1969, 50 years ago, Chartered Standard PLC was established.
|London, England, UK
|Covered areas of CSB
|Chairperson – José Viñals Íñiguez
CEO – Bill Winters
|Products offered by BBK
|Private banking, Mortgage loans, Corporate banking, Consumer banking, Credit cards, Wealth Management, Investment banking.