StanChart opens branch at Sharjah freezone
Dubai, May 24, 2011
Standard Chartered Bank has launched its new Electronic Banking Unit (EBU) at the Hamriya Free Zone in Sharjah.
Standard Chartered is the first foreign bank to operate in the free zone, providing banking and finance services to Small and Medium Enterprises (SMEs) and retail clients.
The new EBU is staffed by experienced relationship managers who specialise in financial services for SMEs and individuals. The EBU is equipped with a cheque and cash deposit machine as well as ATMs and Internet banking facilities.
“The opening of the new EBU reaffirms our strong commitment to expand our presence in the UAE and enable business enterprises and individuals to take advantage of our superior banking products and services,” said Chris de Bruin, head of Consumer Banking, Standard Chartered UAE.
The EBU is open from 8am to 3:30pm from Saturday to Wednesday and from 8am to 2pm on Thursday. The automated lobby is operational 24 hours daily.-TradeArabia News Service
More Finance & Capital Market Stories
- Islamic Development Bank triples capital
- Emirates NBD launches $1bn bond
- Kuwait budget surplus may hit $52 billion
- Peru road shows target Mideast markets
- EFG Hermes Q1 net profit up 27pc
- ADCB sells $300m of subordinated bonds
- Standard Chartered’s credit card wins award
- Emirates NBD seals Dubai tower deal
- Dar Al Arkan raises $450m from sukuk sale
- Barclays advises on equities over bonds