Standard Chartered Bank sets up private banking centre in Chennai; to serve ultra-high-net-worth clients
Standard Chartered Bank has inaugurated its private banking centre in the city, the over-century-old bank said on Saturday. This Private Banking Centre is the fifth after Bengaluru, New Delhi, Kolkata, and Mumbai.
Aimed at serving high net worth and ultra-high net worth clients, the Private Banking Centre offers products, advisory, and insights to manage, grow, and protect personal and business wealth.
«Being one of the oldest global banks in India, we have relationships across multi-generations and therefore we can focus both on a traditional approach while offering bespoke, objective, and holistic advice supported by an open architecture platform,» said the Bank's Managing Director and Head Affluent, Private Bank and Branch Network, Nitin Chengappa.
«We are excited to open our new private banking centre in Chennai.
Tamil Nadu is a major economic and financial centre, and we see a lot of potential for growth in our private banking business in this region,» he said. With the setting up of the new Private Banking Centre, the clients would get access to a suite of unique investment, wealth, and banking solutions.
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