Karachi: Standard Chartered Bank Pakistan has launched a quarterly report for July to September 2024, highlighting the Roshan Digital Account, a digital banking initiative enabling non-resident Pakistanis to invest in their home country. The report emphasizes the account's flexibility, allowing funds in multiple currencies with repatriation privileges, thereby simplifying the investment process for Pakistanis abroad.
According to information available from the Pakistan Stock Exchange (PSX), Standard Chartered offers a comprehensive array of services under the Roshan Digital Account, including current and savings accounts in multiple currencies, international funds transfer, utility bill payments, and investments in government-backed Naya Pakistan Certificates. The bank has also introduced Islamic variants of these accounts, further diversifying options for customers.
Standard Chartered has maintained its leadership in providing financial services to multinational corporations within Pakistan. In line with CPEC-led projects, the bank supports financial solutions in both USD and RMB, enhancing its role as a key player in Pakistan's economic integration initiatives.
This period has also seen Standard Chartered's continued engagement in social impact projects. Under its "Futuremakers" initiative, the bank targets youth empowerment through skill development, with a particular focus on employability for girls and visually impaired individuals. The report indicates the bank’s commitment to promoting economic inclusion by facilitating training and financial literacy programs across Pakistan.
In the commercial banking category, Standard Chartered has achieved multiple awards, recognizing its advancements in cash management and supply chain solutions for clients like Coca-Cola Beverages Pakistan Ltd. The bank has also been acknowledged for gender diversity at the workplace and its leading role in digital treasury management innovations.
Standard Chartered’s efforts in corporate social responsibility (CSR) have earned it prestigious recognitions, including awards in diversity, equity, and inclusion, as well as environmental, social, and governance (ESG) benchmarks.