About Standard Bank
Standard Bank is a company based in Dhaka (Bangladesh) founded in 1999. It operates as a Professional Services, and Commission-Based. Standard Bank offers products and services including Mudaraba Savings Account, HPSM Home Investment, and VISA Tijarah Investment Card. Standard Bank operates in a competitive market with competitors including Scotiabank, BRAC Bank, Mutual Trust Bank, Social Islami Bank and Dhaka Bank, among others.
- Headquarter Dhaka, Bangladesh
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Standard Bank Plc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$58.1 M (USD), Debt – Conventional
Sep 19, 2019
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Standard Bank
Standard Bank offers a comprehensive portfolio of products and services, including Mudaraba Savings Account, HPSM Home Investment, and VISA Tijarah Investment Card. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Savings account based on Shari'ah principles for customers.
Home financing provided under Shari'ah-compliant investment schemes.
Investment card offered for Shari'ah-based financial transactions.
Unlock access to complete
Unlock access to complete
Funding Insights of Standard Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $58.1M
-
First Round
First Round
(19 Sep 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Standard Bank | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Standard Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Standard Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Standard Bank Comparisons
Competitors of Standard Bank
Standard Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, BRAC Bank, Mutual Trust Bank, Social Islami Bank and Dhaka Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Bangladesh since 2001.
|
|
| domain | founded_year | HQ Location |
Retail banking services are provided to customers in Bangladesh.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided through Islamic principles in Bangladesh.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Bangladesh.
|
|
| domain | founded_year | HQ Location |
Commercial bank
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Standard Bank
Frequently Asked Questions about Standard Bank
When was Standard Bank founded?
Standard Bank was founded in 1999 and raised its 1st funding round 20 years after it was founded.
Where is Standard Bank located?
Standard Bank is headquartered in Dhaka, Bangladesh.
What does Standard Bank do?
Standard Bank PLC is recognized as a full-fledged Shariah-based Islamic bank in Bangladesh. Banking services are provided across deposit products, retail and corporate investments, SME and agricultural financing, and card services. Operations are conducted with a focus on financial inclusion, green banking, and social infrastructure finance. Various customer segments including women entrepreneurs and garment workers are served through tailored schemes. Digital banking solutions like internet banking, SMS banking, and mobile banking are also offered to enhance accessibility.
Who are the top competitors of Standard Bank?
Standard Bank's top competitors include Scotiabank, BRAC Bank and Social Islami Bank.
What products or services does Standard Bank offer?
Standard Bank offers Mudaraba Savings Account, HPSM Home Investment, and VISA Tijarah Investment Card.