The takeover will give US embassy in Dhaka access to wide range of consumer and wholesale banking products of Standard Chartered Bank.

Standard Chartered Bank offers specialised services to major bilateral / multilateral organisations in the country and the takeover shows the bank's commitment to this sector.

Geeta Pasi, chargé d'affaires of Embassy of the United States of America, and Osman Morad, CEO of Standard Chartered Bank Bangladesh, inaugurated the bank booth at US Embassy.

Calvin D. Levo, acting management counselor of Embassy of the United States of America, and Ahmed A. Shah, head of Client Relationships, and Tanvir Hyder Chaudhury, head of Shared Distribution of Standard Chartered Bank, were also present.