Within its affluent category, which caters to customers via the Priority, Priority Private, and Global Private Bank brands, Standard Chartered has updated its Global Indian offering.
This is an all-encompassing programme designed to assist wealthy and prominent individuals and their families in handling their global wealth management and international banking requirements with ease.
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The wealthy in India and the Indian diaspora around the world have a more “global” perspective on their personal, professional, and financial needs as their wealth continues to rise quickly.
By utilising its worldwide wealth centres in Singapore, Hong Kong, the United Arab Emirates, and the United Kingdom, Standard Chartered is modifying its offering to satisfy the demands of this expanding wealth transfer by offering these clients an integrated gateway.
The Global Indian concept provides a comprehensive suite of global products and experiences, such as access to exclusive investment possibilities, smooth international banking capabilities, and cross-border wealth and loan solutions.
These international services leverage the Bank’s four wealth centres’ connections and ingrained skills, as well as its presence in India, to provide clients with exposure to both international and domestic markets and capabilities.
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By GlobalDataFurthermore, Standard Chartered’s recently established International Priority Centre in Mumbai, India, the first of its kind globally, provides clients with the convenience of in-person branch services. Aside from access to foreign financial solutions, the offering provides clients with unique lifestyle experiences such as exclusive dining specials and travel assistance, particularly in India.
A group of seasoned relationship managers situated near the clients’ locations form the core of the offering. The team is the main point of contact for clients, and they are assisted by a global network of wealth specialists who facilitate cross-border asset management for clients.
Vinay Gandhi, global head, Global South Asian Community and Regional Head, Europe, Africa & Middle East, Private Banking, stated: “For many decades, Standard Chartered has been serving the financial needs of domestic and non-resident Indian clients. In particular, wealthy Indians have a strong entrepreneurial spirit and are very sophisticated, with complex investment needs. It is important that as a bank who has served this segment for over 160 years, we continue to anticipate and meet their financial needs. Our Global Indian proposition reflects our commitment to be the leading international wealth manager for affluent clients.”
Rajesh Kannan, managing director, head of Global Indian and Head of Wealth and Retail Banking UAE, Jersey (UK), Standard Chartered Bank, added: “The Global Indian proposition reinforces Standard Chartered Bank’s position as a leading international wealth manager for our affluent clients. The Indian diaspora now has a more “global” investment outlook. 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.”
