Standard Chartered Pakistan

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Standard Chartered Bank (Pakistan) Limited
Public
Traded asPSXSCBPL
IndustryBanking
Global Markets
Founded1863; 156 years ago (1863)
HeadquartersPrincipal Office
Karachi Pakistan
Key people
Shazad G. Dada CEO
ProductsLoans, Credit Cards, Savings, Consumer Banking etc.
ParentStandard Chartered
Websitewww.sc.com/pk

Standard Chartered Pakistan is a Pakistani banking and financial services company in Pakistan and is a wholly owned subsidiary of British multinational bank Standard Chartered.

It is Pakistan's oldest and largest foreign commercial bank. It employs over 9000 people in its 94 branches in Pakistan.

History[edit]

The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi.

In 2006, Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank.[1][2][3]

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