Standard Chartered announced a refresh of its Global Indian proposition within its Affluent segment which serves clients under Priority, Priority Private and the Global Private Bank.
The bank said the refreshed initiative is to help affluent and high-net-worth individuals and their families manage their international banking and wealth management needs across the globe.
Affluent individuals residing in India as well as the Indian diaspora across the globe have an increasingly “global” outlook for their personal, business and wealth requirements as their wealth continues to grow at a rapid pace, Standard Chartered noted.
To address this growing wealth shift, the bank refreshed its proposition to meet clients’ needs by providing an interconnected gateway for them by leveraging its international wealth centres in Singapore, Hong Kong, UAE and the UK.
The Global Indian proposition offers a comprehensive set of global solutions and experiences, including access to investment opportunities, international banking capabilities and cross-border wealth and lending solutions.
These international services tap on the connectivity and deep-rooted capabilities of the Bank’s four wealth centres as well as in India, providing clients access to both international and domestic markets and capabilities.
Additionally, Standard Chartered’s newly opened International Priority Centre in Mumbai, India, a first of such centres globally, enables clients to enjoy the convenience of in-person branch services. Besides access to international financial solutions, the proposition offers clients unique lifestyle experiences including exclusive dining offers and travel assistance especially when traveling to India.
“The Indian diaspora now has a more “global” investment outlook,” said Rajesh Kannan, managing director, head of Global Indian and head of wealth and retail banking UAE, Jersey (UK), Standard Chartered Bank.
“We are focussed on managing this change by Chief Strategy and Talent Officer providing an international gateway for these clients by leveraging our international wealth centres combined with our deep-rooted knowledge and understanding of India to support their global wealth ambitions beyond borders.”
