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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 ]
Six Battery Road, formerly the Standard Chartered Bank Building, is a high-rise skyscraper located in the central business district of Singapore. It is located at 6 Battery Road, in Raffles Place . The tower is located adjacent to the Bank of China Building [ 5 ] and faces the Singapore River .
Citibank Singapore Limited is a division of Citibank N.A. of the United States and incorporated in Singapore on 28 June 2004. Its parent was awarded Qualifying Full Bank (QFB) status on 20 October 1999, and this status was transferred to the Singapore division on the day of its incorporation. [5]
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
Standard Chartered PLC is a British multinational bank with operations in consumer, corporate and investment banking, and treasury services.Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Marina Bay Financial Centre. Tower 1 is being fully leased to international banking and financial institutions such as Standard Chartered bank, the anchor tenant occupying 500,000 square feet (46,000 m 2) of the office space, Baker McKenzie, Raffles Quay Asset Management, Societe Generale and Wellington Management Company. [8]
In the early 20th century, the bank continued to tap on Asian business such as cotton from Bombay, indigo and tea from Calcutta and rice from Burma. [6] In 1969, Chartered Bank merged with the South African bank Standard Bank, forming Standard Chartered Bank. After the merger, the Indian branch of the bank continued to handle the local business ...