Standard Chartered Bank

Topics: Bank, Retail banking, Commercial bank Pages: 27 (4301 words) Published: November 18, 2014
Acknowledgment
Our first acknowledge goes to the almighty Allah for bestowing us the patience and courage to finish this huge taskin this sensitive political environment within its deadline. It would not have been possible without the kind support and help of our group members and the individuals who had kindly supported us in our project. A special thanks goes to our honorable faculty Ms. Tasnim Rezoana Tanim for her knowledgeable lectures and guidance in helping to build confidence and guideline in making this project. Last but not the least many thanks to Mr. Rafat Anwar, Assistant Manager - Credit Risk Control, Wholesale Banking, Standard Chartered Bank, for his time and support to make this report more informative and valuable.

Letter of Transmittal
December 21, 2013
Tasnim Rezoana Tanim
Department: School of Business
North South University
Bashundhara Residential Area, Dhaka
Subject: Submission of group report
Dear Madam,
Here is the group report on the assigned topic “Analysing management process of an organization” that you asked us to prepare as per requirement of our Management 210 course. In presenting this report, we have tried our level best to include all the relevant information and the examples to make the report informative and comprehensive. It was a very enriching and enthralling experience and our report writing skills and communicating skills have improved a lot. Thank you for believing in us and giving us this wonderful opportunity. Sincerely,

Name & ID:
Avijit Sen - 081 083 030
Md. Noor Hossain Sarker - 122 0477 030
Md. Rizvi khan - 123 1141 630
Mahamudul Hasan - 123 0919 630
Golam Mortuza Billah - 123 0728 630
Irin Akter Mumu - 123 1446 030
Fahim Farhan - 133 0968 030
TABLE OF CONTENTS
Topic
Page No.
Introduction
1
Company Background
2-3
Managerial Functions of Standard Chartered Bank
4-14
Managerial Skills of Standard Chartered Bank
15-17
Managers Choice
18
Strengths
19
Weakness
20
Recommendations
21
Conclusion
22
Reference
23
Introduction
Standard Chartered has been operating in Bangladesh for over 100 years, and is the country's largest foreign-owned bank, serving 280,000 retail customers, 15,000 small and medium-sized enterprises, and a significant number of Bangladesh large corporate companies. It provides a comprehensive range of wholesale and consumer banking service. The bank aims to move beyond assertion to quantify its impact on the economies where it operates. Standard Chartered has built a larger presence in Bangladesh, and through its financial products and services, demonstrated a greater degree of innovation than any other foreign bank. This report sets out to assess the management process of Standard Chartered in Bangladesh. The report relies on informative methodology for its quantitative analysis.

Company Background
The Chartered Bank opened its operation in Chittagong in 1947 which, at that time was the eastern region of the newly created Pakistan. The bank opened its first branch in Dhaka in 1966 and shifted its headquarter from Chittagong to Dhaka after the birth of the Republic of Bangladesh in 1971. SCB acquired ANZ Grindlays Bank for 1.34 billion dollars in the year 2000. The new venture that is the merger was named as Standard Chartered Grindlays Bank. Now after the takeover it is known as Standard Chartered Bank (SCB). [1] Standard Chartered (officially M/S Standard Chartered Bank Bangladesh Pvt. Ltd.) is a wholly owned subsidiary of Standard Chartered,is a banking and financial services providing company headquartered in Dhaka Bangladesh. It now spans in the developed and emerging economies of the world, after having been in existence for 150 years now. It’s over 1,300 employee is particularly the largest foreign bank in Bangladesh. Products and services of SCB range from...
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