Standard Chartered was recently recognised as the “Best Bank for Sustainable Finance” in Bangladesh at The Asset Triple A Sustainable Finance Awards 2024. This prestigious honour underscores the Bank’s unwavering commitment to sustainability, innovation, and to driving positive change within Bangladesh's dynamic financial landscape.
The Bank received this recognition for financing environmentally friendly manufacturing; executing the nation’s first Green Bond and Green Zero-Coupon Bond; extending agriculture credit; and launching several comprehensive community engagement initiatives.
Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, “Bangladesh stands at a critical juncture – balancing rapid economic growth with pressing environmental and social challenges. Sustainable finance is a powerful catalyst for addressing these challenges, aligning financial activities with environmental, social, and governance principles to create lasting value. It is predicted that the value of this market will grow by 20% a year for the next decade to reach almost USD 30 trillion by 2032.”
Standard Chartered has had a long commitment to Sustainable Finance and supporting the movement of capital from developed to emerging markets.
The Bank has the financial expertise, governance frameworks, innovative thinking, technology, and geographical reach to get capital from where it exists to the markets where it matters the most.