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Acquiring Company
Pubali Bank
Acquired Company
Standard Chartered Bangladesh
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.
Fundz sees it the moment Pubali Bank makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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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