Best Regional Retail Business award goes to Standard Chartered Asia
5 min read
This bank operates its retail and wealth management business across 30 countries globally, with presence in 13 Asian markets.About 60% of retail revenue coming from markets outside of Hong Kong.
In 2022, the bank introduced QR Cash in Hong Kong, more convenient money transfer and account checking on smartphone in Korea, Hong Kong, and Taiwan. It launched the next-generation mobile banking app and implemented new features such as online account opening, a mobile mutual fund, and FX platform. The bank also launched two digital banks in Hong Kong and Singapore and is expanding in Indonesia.
For its unified regional strategy that encompasses a broad deployment of product offerings, effective management, and outstanding results in the region, the Best Regional Retail Business award goes to Standard Chartered Asia.