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The Financial Express

Standard Chartered opens business dev office at Uttara EPZ


A view of the opening ceremony of the business development office of Standard Chartered Bangladesh at Uttara EPZ in Nilphamari on Monday A view of the opening ceremony of the business development office of Standard Chartered Bangladesh at Uttara EPZ in Nilphamari on Monday

With a view to expanding capability to better serve Standard Chartered corporate clientele, the Standard Chartered has recently opened a business development office at Uttara Export Processing Zone (EPZ) in Nilphamari, according to a press release.

This is the seventh such office after Dhaka, Chattogram, Adamjee, Karnaphuli, Cumilla and Mongla EPZ.

The office will provide strategic service representation to the existing and potential clients. This will include trade documentation assistance and collection of day-to-day instructions and documents from clients for onward processing.

In addition to this, clients will be able to avail various certifications required for trade transactions directly from the EPZ area.

Naser Ezaz Bijoy, Chief Executive Officer, Apurva Jain, Head of Transaction Banking, Alamgir Morshed, Head of Commercial Banking, Khaled Aziz, Chief Information Officer from Standard Chartered Bangladesh, and SM Akhtar Alam Mostafi, General Manager from Uttara EPZ, along with other senior officials were present on the occasion.

Naser Ezaz Bijoy said, "The Bangladesh economy is at an inflection point, where it can achieve an even higher growth trajectory. Our export-oriented industries will have a critical role to play in realising this potential”.

Standard Chartered Bank has been playing a pioneering   role in facilitating foreign trade in Bangladesh.

One of the earliest milestones in its unique relationship with sovereign Bangladesh, was when the Bank issued the sovereign nation's very first 'letter of credit'. It also established meaningful relationships with the EPZ clients by introducing the first offshore banking facility in Dhaka EPZ back in 1994.

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