Standard Chartered Bank
A commemorative postage stamp on the Heritage Building – Standard Chartered Bank, a British multinational banking and financial services company :
Issued by India
Issued on Nov 17, 2008
Issued for : The Department of Post is happy to issue a commemorative Postage Stamp on Dharohar Bhawan – Standard Chartered Bank.
Stamp & FDC : Sankha Samanta
Cancellation : Alka Sharma
Type : Stamp, Mint Condition
Colour : Multi colour
Denomination : 500 Paise
Stamps Printed : 2.4 Million
Printing Process : wet–offset
Printer : Security Printing Press, Hyderabad
- Standard Chartered Bank, India’s first and largest international bank, celebrates the 150th anniversary of its operations in India. Standard Chartered, which started as The Chartered Bank of India, Australia and China, had opened its first branch in Kolkata in April 1858. Five days later, the Mumbai branch was operational. The Chartered Bank building, in Mumbai, is a story in time, not only in one of the most prosperous areas of the city, but also one of its finest building designed by the city’s most acclaimed architects of the nineteenth century, Fredrick William Stevens.
- The new millennium saw Standard Chartered Bank make two large acquisitions in the history of the Bank – the purchase of Grindlays Bank from ANZ Group and American Express Bank, amongst others. Thus demonstrating Standard Chartered Bank’s commitment towards emerging markets.
- Today, the Bank has emerged as one of the leading banks in the world, with staff strength of 75,000 employees representing 115 nationalities and is leading the way in emerging markets in Asia, Africa and the Middle East, with its crore strengths of a wide breadth of products & services, diversity in culture and a balanced approach.
- Standard Chartered Bank in India is the country’s largest international bank, with 90 branches, 234 ATMs in 33 cities. Employing about 19,000 people, Standard Chartered has played a significant role in the history of the banking industry in India. The Bank is credited with several ‘industry firsts’ and product innovations including the first Global Credit card in India, the first Photo Card, and the first Picture Card. These innovations are always coupled with proven delivery mechanisms and excellent customer service.
- For over 150 years, Standard Chartered has made a real difference to the communities in India with a special focus on health, education and environment, benefitting millions. Globally, Standard Chartered Marathons are the biggest and the most popular community events and are focused on making an incremental social contribution.
- Standard Chartered Bank launched the ‘Seeing in Believing’ community initiative on avoidable blindness in 2003, which till date has benefitted, over 1.79 million people in India alone. Seeing in Believing, in its current phase is aiming to invest US$ 20 million to fund the development of sustainable eye care services in less advantaged areas of 20 cities. In India, as part of this phase, two projects will be conducted in New Delhi and Hyderabad. Projects are being planned for Mumbai and Kolkata in the near future.
- The Chartered Bank building in India follows an Italianate neo-classical style and is one of the only two building in India, which has been executed in this particular style. The other one being the Chartered Bank building in Kolkata.
- Standard Chartered Bank has also initiated ‘Living with HIV’ – a workplace education programme on HIV and AIDS aimed to raise AIDS awareness.
- Text : As per the material provided by the proponent.