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StanChart teams up with Aamartaka to reach wider range of clients

  • Published at 08:36 pm October 20th, 2020
WEB- Standard Chartered
FILE PHOTO - People pass by the logo of Standard Chartered plc at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017 Reuters

Under this agreement Aamartaka will act as an authorized sales agent, working with the Bank in engaging with a wider client-base in the digital space

Standard Chartered has recently teamed up with ‘Aamartaka’, incorporated as Power Ride Services Ltd, as its first Third Party Sales (TPS) partner in Bangladesh.

Under this agreement Aamartaka will act as an authorized sales agent, working with the Bank in engaging with a wider client-base in the digital space, said a press release.

Through this agreement, the bank aims to scale up its distribution network, efficiently reach new client segments, and thereby deliver world-class banking products and services to a broader customer group.

Aamartaka, one of the largest financial aggregator companies in Bangladesh, will leverage its deep insights in the digital consumer landscape and retail banking products to effectively match-make between customers and the Bank’s financial products best-suited to their lifestyle.

Speaking on the occasion, Sabbir Ahmed, Head of Retail Banking, Standard Chartered Bangladesh, said, “The retail banking industry is evolving rapidly, an evolution that will only speed up in the new normal. By building a collaborative ecosystem and strategic partnerships, we hope to harness the waves of digital disruption to deliver superior client experience at unprecedented scale in the coming years.”

Md Mahmud Al Maruf Toufiq, CEO, Aamartaka, said, “We are delighted to partner up with Standard Chartered to bring cutting edge financial services to our customers. Our services will make it more efficient for them to access the best financial solutions in the market within a matter of minutes. And by managing the application process we can ensure that the applicant has complete transparency at all times.”

Lutful Habib, General Manager, Priority Banking, Deposits and Mortgages and Md Mahmud Al Maruf Toufiq, CEO, Aamartaka signed the agreement on behalf of their respective organisations.

Nazim Farhan Chowdhury, Director, Aamartaka and Sabbir Ahmed, Head of Retail Banking, Bangladesh; Tawfique Imam, Head, Unsecured Product (CCPL); Saadi Manzoorul Huq, Senior Product Manager, Personal Loans; Mir Mozaffer Hossain, Head, Business Risk Management; Zakiul Hoque,Head Client Acquisition, all from Standard Chartered were also present at the signing ceremony held at Aamartaka office premises.

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