• Wednesday, February 21, 2024
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BusinessDay

Standard Chartered Bank provides financial solutions for NRI in Nigeria

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Standard Chartered Bank has announced the launch of its distinct NRI proposition to cater for the financial needs of Non Resident Indians (NRIs) who are based in Nigeria.

The new proposition involves experienced and dedicated relationship managers in Nigeria who will help the NRI clients in Nigeria manage a host of premium facilities and their accounts in both Nigeria and India, while keeping them informed on every detail of their assets with the bank. The relationship managers will also provide customers with a number of services, such as access to world-class wealth solutions, mortgage and global property financing solutions with preferred pricing privileges, global recognition and exclusive banking channels from the comfort of their homes or offices.

Recently, the bank celebrated the launch of its NRI business with Indian professionals at the Indian Professionals Forum held at the Indian High Commission premises in Lagos.

Bola Adesola, managing director/CEO, Standard Chartered Bank Nigeria Limited, during her speech titled “Positioning for Growth – 2014 and Beyond,” said: “The launch of NRI Business in Nigeria marks an important milestone for us in being able to significantly enhance our service to the Non Resident Indian community in Nigeria. By leveraging on our international expertise and product capabilities, we offer customised solutions as well as ease of convenience for their transactional needs.”

The bank is one of the most respected financial institutions in Nigeria, as it continues to balance the pursuit of its growth with firm control of costs and risks. The bank has a growing network of branches with 36 branches located in major cities across the country offering a wide range of products and services in both consumer and wholesale banking. Consumer banking currently has over 70, 000 customers across its segments.

The bank launched the first purpose built SME centre at Opebi Lagos, a hub specifically dedicated to serving its SME clients. It has also launched ‘Breeze,’ a mobile banking app that provides customers with convenient and secured banking, anytime, anywhere. The bank has a strong reputation for delivering the highest standards of international governance – a competitive advantage and a differentiator.