Definition
Business Financial Services (BFS) is a term used to describe
small to medium sized business customers within the Consumer
Banking Division.
These are characterized by:
- Mainly sole-proprietors/ family businesses and partnerships
- Owner managed and their business / personal financial
affairs are inter-linked
- Most likely have more than one source of income and
are engaged in more than one type of business
These can be classified as follows:
- Small manufacturing and processing
firms.
- Traders: These includes Import/Export,
Distributors and retailing, Suppliers of major corporations.
- Professional services: This
includes lawyers, doctors, architects, Engineers, Accountants,
and Quantity Surveyors etc.
- Service Companies: Travel Agents,
Advertising Agents, Interior Designers, Contractors, Courier
Service, Transporters, Auto Garages/Dealers.
- Oil and Gas Industry: Oil and
Gas servicing companies, Downstream Petroleum Marketing
Companies.
- Non-profit making organisations
including NGO's, Churches, AID agencies.
- Private Institutions: These
include educational institutions such as schools, colleges
(Secretarial & Computer training), driving schools, hospitals
and clinics.
Personalised, Efficient And Friendly Service
As a Standard Chartered customer you will enjoy the benefits
of efficient and friendly services from all our staff at
all our 3 branches. All our branches are networked enabling
customers to conduct business at any branch like one would
at their branch at no additional cost or loss of time.
Business Relationship Managers & Business Relationship
Officers
Our Business Relationship Managers/Portfolio Managers are
dedicated and experienced and able to care of all your business
needs. This includes business advisory services as well
as how to work out Profit & Loss and Cash forecasting.
We have the following products
for BFS:
Gold Crest Account (Current
Account)
Stanfex Account (Foreign Currency
Account)
Credit Facilities
Savings Account
Business Term Account
Sweeping Arrangement
Payment Services
Business Banking Solution
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