StanChart wins digital bank of the year recognition, awards

Standard Chartered Bangladesh (StanChart) recently received accolades in three categories at The Asset Triple A Digital Awards 2024.
During the award programme, the Bank was recognised as Bangladeshs "Digital Bank of the Year." The bank also also clinched awards for having the "Best Retail Online Banking Experience" in Bangladesh and the "Best Digital Upgrade" in the country for Real Time On-Boarding (RTOB), says a press release.
Over the period under consideration, StanChart actively advocated for innovation and new technologies; transmitted the nations first Letter of Credit application via Host-to-Host Connectivity; enabled digital learning for youths and entrepreneurs in Bangladesh and beyond; and supported the continuous efforts being made nationwide to make a comprehensive cashless ecosystem a reality. Enhancements and consistent process simplification efforts resulted in the Banks SC Mobile Application and iBanking platform being recognised as the nations "Best Retail Online Banking Experience."
StanCharts Real Time On-Boarding (RTOB) facilities - which reduce the frontline and operational inputs while simultaneously making the on-boarding process seamless for clients and customers - received the accolade for "Best Digital Upgrade." The Banks RTOB processes received recognition for customer-centricity, agile process design, security, and transparency.
Naser Ezaz Bijoy, Chief Executive Officer, StanChart said: "These recognitions from The Asset Triple A serve as a testament to our ongoing efforts to redefine banking for the digital age. Of the total population, it is estimated that 30.68% of Bangladeshis use the internet - indicating an appetite for online and digital banking services that address pain points, meet current needs, and anticipate future wants. We create digital banking experiences that are not only intuitive and seamless, but also empower our clients and customers to manage their finances with ease, convenience, and comfort."