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08 December 2022

Business Insider Bangladesh

StanChart Bangladesh wins ‘Best Mobile Banking App’ award

BI Report || BusinessInsider

Published: 23:49, 8 April 2021   Update: 01:16, 9 April 2021
StanChart Bangladesh wins ‘Best Mobile Banking App’ award

Standard Chartered Bank logo

Standard Chartered Bank Bangladesh has recently been recognised to have the best mobile banking app at The Global Economics Awards 2021. 

This is the first time the bank has won an award for its mobile banking application, reads a press release.

The Global Economics Limited is a UK-based financial publication and a bi-annual business magazine giving thoughtful insights into the financial sectors of various industries across the world. 

One of their major highlights is the prestigious country-specific Annual Global Economics awards programme where the best performers in various financial sectors are identified worldwide and honoured.

Standard Chartered Bank played a notable role in the development of the digital banking space in the country, the press release claims. Internet Banking was a transformative transaction platform introduced in 2004. 

Over the years, the bank’s thought leadership in digital innovation have changed the industry with its move towards enrolling customers in Internet Banking, SMS Banking, Auto BillsPay and e-statement. 

Standard Chartered kept on its leading position from the very onset of digitisation of the banking industry of Bangladesh when introduced credit cards for the first time in the country. 

The bank was also the first to launch ATMs in Bangladesh and an automated round-the-clock call centre. 

“We have seen during 2020 how important it is to have a remote banking platform where our clients can help themselves to avail services catering to all sorts of financial needs. To this end, nothing beats the utility of an interactive mobile application that is both user friendly and agile,” Chief Executive Officer of the bank Naser Ezaz Bijoy said while commenting on the win. 

“We have spent years of experience and many resources in developing the best-in-the-market mobile banking application. This award win is a testament to these efforts,” he added. 

In 2020, the bank secured 25 major international awards. It has been recognised as the ‘Best Foreign Commercial Bank in Bangladesh’ by FinanceAsia, ‘Best International Bank in Bangladesh’ by Euromoney and ‘Bank of the Year’ in Bangladesh by The Banker. It also won a host of awards in other categories.