StanChart Nepal turns 25

KATHMANDU, JAN 30 -

Standard Chartered Bank Nepal (SCBN) has completed 25 years of operation.

The bank was established in 1987 as a joint-venture. Standard Chartered Group holds 75 percent stake in the bank, while Nepali public hold 25 percent.

SCBN enjoys the status of being the largest international bank in the country, as the global network of the group gives it an opportunity to provide international banking services, read the bank’s statement. “It is the relationship that the Bank shares with its various stakeholders that has enabled the Bank to reach so far and where it is today.”

Source: Kantipur