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Standard Chartered Bank - Business Financial Services - Overview
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

  Standard Chartered Bank - Business Financial Services - Overview
Standard Chartered Bank - Business Financial Services - Overview
 
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