Standard Chartered backs ASEAN firms

Wednesday, May 17, 2017 10:15

Standard Chartered Bank representatives and investors debate at the Bridging ASEAN meeting. — VNS Photo

Standard Chartered Bank (SCB) expressed its strong commitment to supporting ASEAN companies to expand regionally and internationally at an investors meeting titled “Bridging ASEAN,” held on Tuesday in HCM City.

The meeting, exclusively sponsored by SCB, attracted some 120 business leaders from Malaysia, Singapore, Thailand, Indonesia and Viet Nam. Experts shared insights on the latest global, regional and local developments and how having a strong partner such as SCB can help fulfill the growth aspirations of businesses across ASEAN.

Nirukt Sapru, chief executive officer of SCB Viet Nam, said “In our 150 years in ASEAN, we have developed deep local insights into each market and grown our network to be the only international bank operating in all 10 ASEAN markets. With our vast experience, extensive network and in-depth knowledge, we had the privilege of supporting and growing with the region, while constantly striving to create a socio-economic impact with our footprint. ”

Theng Bee Han, president of Malaysia Business Chamber, said “I am seeing increasing interest from Malaysian and other ASEAN investors in expanding their trade links and investment with Viet Nam and across the region. Malaysia Business Chamber functions as a gateway for many of our fellow Malaysian investors.... We believe that financial institutions can play a huge role in facilitating trade and development in ASEAN.”

SCB opened its first office in Viet Nam in 1904 and has been present in Singapore for 158 years, in Indonesia for 154 years, in Malaysia for 142 years and in Thailand for 123 years. It is currently the only international bank present in all ten ASEAN markets. — VNS

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