StanChart forms new South-asia region
By Our Banking Bureau | 15 Jan 2005
Mumbai: Standard Chartered today announced the formation of a new South-asia region, which comprise India, Nepal, Sri Lanka, Bangladesh and Afghanistan, effective 1 March 2005. Jaspal Bindra, currently global head, client relationships in wholesale banking, will head the expanded South Asia Region.
The bank excellent opportunities for growth in this region, where it claims to be the largest international bank in each of these markets The grouping of these countries in South Asia into one region is because of the geographic proximity of the markets and the shared business synergies that they have with each other.