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Borneo Bulletin Yearbook 2019
Enhanced digital banking experience
An international bank with sound knowledge
of the local market, Standard Chartered plays
on these strengths to sustain its business and
promote its growth in the face of global and
domestic economic challenges.
Standard Chartered is the only international
bank in Brunei offering a full-suite of banking
products and services. The year 2018 saw the
bank celebrating their milestone of 60 years
of operations in Brunei, signalling the bank’s
strength and endurance.
The bank’s international network is a major factor
behind its success. With access to global best
practices, the bank is able to adopt them into
the Bruneian market, allowing for an enhanced,
client-centred decision making process and ease
in adapting to shifting market conditions to meet
clients’ needs better.
Additionally, the bank strives to ensure its daily
operations continuously meet global standards
to deliver high quality products and services to
its clients.
In recent years, Standard Chartered began
leveraging on its global network to diversify
local economy by bringing in large foreign direct
investments (FDIs) into Brunei. Through its strong
corporate banking services, the bank aims to be
the financial service provider of choice for the
inbound FDIs.
The bank also aims to be a bridge for Bruneian
companies targetting to expand operations
overseas by allowing access to Standard
Chartered’s global branches.
In line with Brunei Vision 2035 and supporting
AMBD’s calls to promote public financial
literacy, Standard Chartered provides content
for a weekly financial literacy column and
recently began putting out its content on digital
publications to expand its reach.
The bank also conducts roadshows around
Brunei to further promote financial literacy. The
public can learn more about financial planning
insights from the bank’s dedicated team of
licensed financial consultants.
Standard
Chartered’s
Corporate
Social
Responsibilities focus on environmental
sustainability, which the bank believes is
important for long-term economic benefits. The
bank’s sustainability initiatives aim to create a
sustainable environment for Brunei to prosper
environmentally and economically and therefore
contribute to a profitable marketplace for various
industries in the country.
In September 2018, the bank received the Best
Consumer Digital Bank 2018 award from Global
Finance for the fifth time, having previously
received the award in 2013, 2014, 2015 and 2016.
The award signifies the bank’s commitment and
investment into its digital offerings, with great
emphasis on security while meeting clients’
demands.
Moving forward, the bank aims to further expand
its digital footprint as digital banking habits
among its clients continue to grow, ensuring an
enhanced and efficient platform.