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Pubali Bank in talks to acquire SCB's retail business

PRIVATESep 29, 2026

Acquiring Company

Pubali Bank

Acquired Company

Standard Chartered Bangladesh

DhakaDoualaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Pubali Bank has begun preliminary discussions to acquire Standard Chartered Bangladesh's retail banking operations as SCB plans to wind down its retail business in the country. While the talks are still at an early stage, the CEO of Pubali Bank expressed interest in retaining SCB's retail workforce of about 1,500 employees. The process is expected to take time, with hopes to finalize the details by November.

Company Information

Company

Pubali Bank

Location

Dhaka, Dhaka Division, Bangladesh

About

Pubali Bank is a publicly listed private commercial bank in Bangladesh. Established in 1959, it has a long history of providing banking services. The bank is focused on enhancing operational efficiency and reducing costs through strategic investments. It aims to consolidate its various offices to streamline operations.

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Predictive Intelligence
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Frequently asked

Who acquired Standard Chartered Bangladesh?

Standard Chartered Bangladesh was acquired by Pubali Bank, based in Dhaka. The deal was reported on September 29, 2026. Pubali Bank is a publicly listed private commercial bank in Bangladesh. Established in 1959, it has a long history of providing banking services. Pubali Bank is privately held and operates in Financial Services.

When did Pubali Bank acquire Standard Chartered Bangladesh?

Pubali Bank's acquisition of Standard Chartered Bangladesh was reported on September 29, 2026. Pubali Bank has begun preliminary discussions to acquire Standard Chartered Bangladesh's retail banking operations as SCB plans to wind down its retail business in the country. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Standard Chartered Bangladesh do?

Standard Chartered Bangladesh is a part of the international banking group Standard Chartered. The bank provides various financial services including retail and corporate banking. It is privately held, operating in Financial Services, and is based in Douala.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.