Product and Service

Product and Service

Standard Chartered Bank Nepal has offered wide range of banking products and services in terms of whole sale and consumer banking ranging from individuals to local corporate, large public sector companies, Embassies, Aid Agencies, Airlines, Hotels and Government Corporations. Some products launched and services offered can be listed below:

o Current

o Saving

o Call and Term deposit account in Local & Foreign Currency

o Fund Transfer Services – Local & International Drafts

o SWIFT

o Internet Banking

o SMS Banking

o Personal; Education; Home and vehicle loans

11.4 Present situation and its Services:

As it is an international bank, it provides products and services to customers according to international standard. It has offered wide range of banking products and services in terms of wholesale and consumer banking ranging from individuals to local corporate. Large public companies, embassies, aid agencies, airlines, hotels and Government Corporation rely on this bank because of its quality service. It is a consumer bank because it has satisfied the need of consumers through its service. From the time of its establishment, the bank has enjoyed success and profit has come along with. Although its major objective is to earn maximum profit, it believes in providing qualitative service to customers in order to maintain it’s reputation. It is a well-established brand in the country. It is the only bank which hasn’t incurred any loss in the history of the banking in Nepal. It has been fulfilling its promise every year and has been sincere both in the eyes of the government and the general public. Other important fact about this bank is it has been one of the highest contributing organizations in the revenue of the government even in the last year. Its tax contribution in 2008 was Rs. 38.15 million which is more than the previous year of Rs. 32.