Standard Chartered joins Visa B2B Connect to enhance cross-border payments – Trade Finance Global

Estimated reading time: 3 minutes

Standard Chartered today revealed its participation in Visa B2B Connect, a network facilitating efficient, account-to-account cross-border payments for corporate clients. Initially available to Standard Chartered Singapore clients, the service will soon be expanded to include more entities. This addition aims to quicken and reduce the cost of business-to-business (B2B) transactions globally.

The system operates through application programming interface (API) connectivity between Standard Chartered and the Visa B2B Connect network. This direct connection to Visa enables transactions to bypass multiple intermediaries, cutting both costs and…
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Source: https://www.tradefinanceglobal.com/posts/standard-chartered-joins-visa-b2b-connect-enhance-cross-border-payments/amp/

Standard Chartered Bought Back 1.2 Million Total Shares On Other Exchanges For GBP8 Million On April 19


Standard Chartered Bought Back 1.2 Million Total Shares On Other Exchanges For GBP8 Million On April 19 – HKEX Filing

XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.


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Source: https://www.xm.com/research/markets/allNews/reuters/standard-chartered-bought-back-12-million-total-shares-on-other-exchanges-for-gbp8-million-on-april-19-hkex-filing-53818224

USAID And Standard Chartered Bank Partner To Advance Clean Energy In Vietnam

A file photo of USAID and Standard Chartered Bank Partner to Advance Clean Energy in Vietnam

The United States Mission to Vietnam announced a significant step forward in Vietnam’s journey towards a greener future with the signing of a Memorandum of Understanding (MOU) between the United States Agency for International Development (USAID) and Standard Chartered Bank (Vietnam) Limited (SC). This partnership, signed by USAID Mission Director for Vietnam Aler Grubbs and SC Deputy General Director Nguyen Thuy Hanh, marks a pivotal five-year collaboration aimed at propelling Vietnam’s ambition of achieving net-zero emissions by 2050.

In his remarks,…
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Source: https://solarquarter.com/2024/04/19/usaid-and-standard-chartered-bank-partner-to-advance-clean-energy-in-vietnam/

WFW advises Standard Chartered on financing of two A320neo aircraft

Watson Farley & Williams (“WFW”) advised Standard Chartered on the financing of two A320neo aircraft for TATA SIA Airlines Limited, operating as Vistara, utilising a unique structuring through Gujarat International Finance Tec-City (“GIFT City” or “GIFT”) using an entity which is not a wholly owned subsidiary of the airline. This landmark transaction is one of the first commercial aircraft finance transactions to be structured through GIFT.
GIFT City is India’s first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project. It is expected that GIFT will play an enormous role in financing…
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Source: https://www.wfw.com/press/wfw-advises-standard-chartered-on-financing-of-two-a320neo-aircraft/

Standard Chartered, KPMG and UNDRR launch adaptation and resilience financing roadmap to galvanise vital funding efforts ahead of COP29



Standard Chartered, KPMG and UNDRR launch adaptation and resilience financing roadmap to galvanise vital funding efforts ahead of COP29
Call for step-change in financing adaptation and resilience as breakthrough Guide for Adaptation and Resilience Finance (the Guide) offers clarity and transparency to accelerate investment.The Guide sets out – for the first time – eligible financeable activities and guidance on what constitutes adaptation and resilience investment, alongside a practical roadmap for financing and investment opportunities.Created by Standard Chartered, KPMG and the United Nations Office for Disaster Risk Reduction (UNDRR) – with support from 20+ leading financial…
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Source: https://www.webwire.com/ViewPressRel.asp?aId=320477

DCM Shriram gets Rs 100 cr sustainable finance from Standard Chartered Bank | Company News

DCM Shriram Ltd on Wednesday said it has secured Rs 100 crore sustainable finance from the Standard Chartered Bank to fund the upcoming compressed bio-gas plant in Uttar Pradesh. The compressed bio-gas plant with 12 tonne per day capacity at the Ajbapur Sugar Unit will produce compressed bio-gas using ‘pressmud’ as feed stock, a waste generated in the sugar manufacturing process, the company said in a statement. Click here to follow our WhatsApp channel DCM Executive Director and Group CFO Amit Agarwal said this is the company’s second sustainable finance transaction in the last six months.  Standard Chartered Bank Executive Director (Sustainable Finance) Shobana Chawla said…
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Source: https://www.business-standard.com/amp/companies/news/dcm-shriram-gets-rs-100-cr-sustainable-finance-from-standard-chartered-bank-124041000565_1.html

StanChart and Old Mutual launch Mena wealth platform

The respective venture capital arms of Standard Chartered and Old Mutual, SC Ventures and NEXT176, have collaborated on the launch of a financial wellness platform.
The move will see two existing ventures merged together – SC Ventures’ Autumn, a wealth planning app incubated in Singapore, and NEXT176’s 22seven, a budgeting app based in South Africa.
The merger is expected to close in Q2 2024.
Standard Chartered to launch digital assets business in Dubai
Singapore wealth manager launches Mena office
The new platform, based in the UAE, will aim to bring AI-led and shariah-compliant offerings to Mena-based retail investors.
One of the reasons for the merger is the growth of the Mena…
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Source: https://www.fundsglobalmena.com/stanchart-and-old-mutual-launch-mena-wealth-platform/

Samoa Observer

Street Talk: Is the internet in Samoa affordable?
Is the internet in Samoa affordable? From the young to the elderly, most use the internet, either for communication, being a social butterfly, education or games. Samoa Observer’s photojournalist Anetone Sagaga asked the members of the public about the price of the internet.

By Anetone Sagaga •
20 March 2024, 7:00PM

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Source: https://www.samoaobserver.ws/

Standard Chartered Bank Pakistan : CERTIFIED TRUE COPY OF THE RESOLUTIONS PASSED IN 18TH ANNUAL GENERAL MEETING -March 29, 2024 at 03:18 am EDT

PUBLIC
I.
standard chartered
SCBPL/CS120241009
29 March 2024
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road
Karachi
Dear Sir,
Certified True Copy of the Resolutions Passed in 18th Annual General Meeting of SCBPL
In compliance with the Clause 5.6.9 (b) of the Rule Book of Pakistan Stock Exchange, we enclose herewith certified true copy of the resolutions passed by the shareholders of the Bank in I 8th Annual General Meeting held on 28 March 2024.
Yours truly,
Asif IqbaAlam Company Secretary
Enclose as above
Standard…
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Source: https://www.marketscreener.com/quote/stock/STANDARD-CHARTERED-BANK-P-6500849/news/Standard-Chartered-Bank-Pakistan-CERTIFIED-TRUE-COPY-OF-THE-RESOLUTIONS-PASSED-IN-18TH-ANNUAL-GENE-46318247/