Chartered Bank


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Chartered Bank

A bank that has received the appropriate regulatory approval to operate and/or to receive certain government guarantees. Banks are regulated by the laws and central banks of their home countries; normally, they must receive a charter to engage in business. A charter indicates that the bank complies and must continue to comply with appropriate regulations, such as maintaining a certain minimum capital. See also: Participating bank.
References in periodicals archive ?
PIA in the sphere of security, the profitable routes of Saudi Arabia will remain with the consortium till the payment of loan under the leadership of Standard Chartered Bank.
Gurcharan Kadan, Chief Executive Officer, Standard Chartered Bank, Oman, said, "Supporting this conference as a leading international bank reflects our deep commitment to further developing the Oman national market.
Shazad Dada, Chief Executive Officer, Standard Chartered Bank, Pakistan said, I would like to congratulate State Bank of Pakistan for supporting strategic initiatives like these in the country.
Mr Qambar congratulated BisB, welcoming all aspects of co-operation between BisB and Standard Chartered Bank and hailing successful strategic partnership.
Standard Chartered Bank known for its financial services and innovative financial solutions in conventional banking equally taking keen interest in Islamic banking as well with the robust growth of Shariah-compliant financial industry which has grown to $1.7 trillion globally and even which is growing twice than the conventional system indicating that the future of financial services tied up with Shariah-compliance.
"We have a long standing relationship which has been further expanded," Standard Chartered Bank regional sales and transaction banking director Vishal Virmani said.
The notice of the fine had been communicated after Central Bank had completed a thorough nine-month investigation, whilst the reports said that Standard Chartered Bank's Sri Lanka CEO Anirvan Ghosh Dastidar has said that Bank 'will vigorously defend its position in the matter,' as it is a matter between the bank and the regulator.
Currently Standard Chartered Bank (Taiwan) is the second largest foreign bank in Taiwan and it hopes to overtake Citibank as the No.
Standard Chartered Bank Jordan announced the winner of its 2009 Mercedes C180 Class car, under its Standard Chartered Dream Account campaign.
National carrier Gulf Air has signed a loan facility of $75 million with Standard Chartered Bank. An agreement to this effect was concluded between the two organisations recently.
Dubai: Standard Chartered Bank, together with Rabobank and ING Wholesale Banking, on Sunday announced a $125 million (Dh458 million) loan facility for Sharjah-based Lamnalco Group.
The Federal Reserve Board and the New York State Banking Department on October 8, 2004, announced the execution of a written agreement by and among Standard Chartered, plc, London, United Kingdom; its subsidiary bank, Standard Chartered Bank, London, United Kingdom; the bank's New York branch; the Federal Reserve Bank of New York; and the New York State Banking Department.

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