Standard Chartered's presence in Malaysia dates back to 1875, when its first branch opened for business at Beach Street, Penang.
The Bank was locally incorporated as Standard Chartered Bank Malaysia Berhad on 29 February 1984. As the country's first and oldest bank with almost 140 years of history, Standard Chartered to date employs more than 7,000 employees for its Malaysian operation at over 40 branches nationwide, a global shared service centre Scope International, a subsidiary Price Solutions, an offshore facility in Labuan and head office at Menara Standard Chartered in the heart of Kuala Lumpur.
Standard Chartered Saadiq Berhad, the Bank's Islamic Banking subsidiary - the first and only in the group's network was established in November 2008. Standard Chartered Saadiq offers a comprehensive range of Shariah-compliant solutions through dedicated branches as well as via Islamic banking windows at Standard Chartered branches. In 2012, the Bank established Kuala Lumpur as its global hub for Islamic retail banking.
The Bank provides a comprehensive range of financial products and services to individuals and corporates. It has deepened relationships with corporates by supporting their international expansion in our footprint markets. In recent years, we have established relationships with Public Sector and Sovereign Wealth Fund clients. Our Islamic Banking subsidiary Standard Chartered Saadiq plays a key role in supporting international Islamic financing corridors