SCB Vietnam ranked “Best Securities Service Provider in 2011

February 03, 2012 | 16:21

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Standard Chartered Bank Vietnam Limited has been top rated in the Global Investor Magazine sub-custody survey in Asia Pacific for the year 2011, ahead of other international banks to receive the highest overall score of the sub-custodians operating in the Vietnamese market.

In the survey, participants were asked to rate their current service provider in a number categories including securities settlement; asset servicing and service management.

Additionally, 2011 is also a year of recognition of Standard Chartered’s high quality service in Vietnam with top rated provider for Cross bordered – non-affiliated clients according to the Global Custodian 22nd annual Agent Banks in Emerging Markets Survey.

With three core services - Custody and Clearing Services, Fund Administration, Escrow Service, Standard Chartered Bank has 50-year track record as Asia’s leading regional custodian and clearing agent.

Standard Chartered Bank Vietnam now has three branches and employs nearly 700 staff and it provides a full suite of wholesale banking products and services to corporates and financial institutions. It also has consumer banking to serve individuals and small and medium enterprises.