Standard Chartered Bank celebrates 150 years

STANDARD Chartered Bank Plc. (SCB) announced that it recently celebrated its 150th anniversary in the Philippines Philippine– themed dinner at the Shangri-La The Fort in Taguig, dedicated to the bank’s clients and partners, as well as a tribute to Philippine culture and heritage.

“The event showcased the best of Filipino-Spanish cuisine, as well as the best of original Filipino music,” the bank said in a statement released last Thursday.

The solemn toast to the bank’s long and deep history was led by SCB Philippines CEO Lynette V. Ortiz, joined by Treasury Secretary Benjamin E. Diocno, Bangko Sentral ng Pilipinas Governor Felipe M. Medalla, British Ambassador to the Philippines Laure Bofils, Currency Board Member Anita Linda R. Aquino, SCB Asean Cluster Leader Andrew Chia, and Asia Regional Co-Head of Corporate, Commercial and Institutional Banking Heidi E. Toribio.

The statement quoted Diokno as saying that SCB “is an important player in the financial community and a trusted partner on our journey to an A credit rating.”

The head of the Department of Finance said he “looks forward to continuing our fruitful partnership for many more years.”

According to Ortiz, as the oldest international bank, the history of SCB is closely intertwined with the history of the Philippines.

“The Bank has come a long way from an agricultural and trade finance institution in 1872 to one of the country’s trusted allies and partners supporting the country’s key economic development engines,” she added. “Over the years, we have distinguished ourselves through our local expertise, unique international network, close ties to the market and regulators, and our relentless commitment to always deliver the best from our local and global resources.”

By celebrating its 150th anniversary in the Philippines, SCB reaffirms its commitment to being the nation’s trusted partner in nation building and sustainable development, the lender said in a statement.