Standard Chartered

A subsidiary of Standard Chartered, Standard Chartered Hong Kong (formally known as Standard Chartered Bank) is a registered bank established in Hong Kong. Also, it holds one of the three commercial banks' licenses from the Hong Kong Monetary Authority to print Hong Kong dollar banknotes.

The Chartered Bank of India, Australia, and China opened a branch in Hong Kong in 1859, beginning the history of Standard Chartered in that city. The Bank began issuing Hong Kong dollar banknotes in 1862, and it continues to do so today.

The retail banking operations of Chase Manhattan Bank in Hong Kong, including the Chase Manhattan Card Company Limited, were purchased by Standard Chartered in 2000. In 2010, Standard Chartered purchased GE Capital's consumer business in Hong Kong. The Standard Chartered Bank Building, an office building at Des Voeux Road, Central, Hong Kong, bears the name of the bank. Hang Lung Group is the current owner of the structure.

The market capitalization of Standard Chartered was $20.91 billion as of March 2023. By market cap, Standard Chartered is now the 812nd most valuable corporation in the world. The most recent financial reports from Standard Chartered indicate that the company's current revenue (TTM) is $16.17 billion. The company's sales in 2021, which were $14.63 billion, were down from its revenue in 2020, which was $14.91 billion.

Founded:

• First branch on 19 July 1859; 163 years ago
  
• Local incorporation on 1 July 2004; 18 years ago

Headquarters: Standard Chartered Bank Building, Central, Hong Kong
Website: www.sc.com/hk