Standard Chartered Private Bank Launches 'Art for Sight'
MUMBAI, October 8, 2013
MUMBAI, October 8, 2013 /PRNewswire/ --
- The Online Art Auction Will Showcase Art by Renowned Indian Artists
- Proceeds go Towards 'Seeing is Believing', in Conjunction With World Sight
In conjunction with World Sight Day on 10th October, Standard Chartered
Private Bank (the Private Bank) will be launching ' Art for Sight' - an online
art auction to raise funds for 'Seeing is Believing' .
'Seeing is Believing' is Standard Chartered Bank's global programme to help
tackle preventable and curable blindness. The programme was launched in 2003
to celebrate the Bank's 150 ^th anniversary and celebrates its 10 ^th
anniversary in 2013.
The Private Bank is partnering with AstaGuru.com , an online auction house to
host the online art auction on 10 ^th and 11 ^th of October 2013. Over 150
pieces by renowned artists such as M. F. Hussain, S. H. Raza, F. N. Souza,
Akbar Padamsee, Ram Kumar, Krishen Khanna, Anjolie Ela Menon, and Paresh Maity
will be up for auction. Art from newer, modern and contemporary artists will
also be available. All proceeds over and above the list price will go towards
'Seeing is Believing', with the Bank matching dollar for dollar. The base
price of the works is approximately a million dollars and the auction is open
to clients and prospects of the bank.
Sanjeeb Chaudhuri, Regional Head South Asia and Chief Marketing Officer,
Consumer Banking, Standard Chartered Bank said:
" We believe that with wealth comes responsibility. There are 45 million blind
people in the world; 80% of blindness is avoidable (preventable or treatable).
In India alone, 'Seeing is Believing has benefitted close to 5.5 million
people. Through this initiative with our clients, we hope to continue to make
a positive difference in the communities in which we live and work."
'Seeing is Believing' is the Bank's global programme which raises money to
tackle avoidable blindness across the world. It is a collaboration between the
International Agency for Prevention of Blindness and Standard Chartered to
fund sustainable eye-care services in areas of poverty and high need across
the world. Launched in 2003, the initiative has grown into a multi-million
dollar global programme reaching over 41 million people to date. Standard
Chartered matches, dollar for dollar, all donations made to this programme. In
India, in partnership with its trusted non-government organisation partners,
the bank provides poor communities access to eye care services through
74visioncentres across 10 states, through an investment of USD 4.9 million.
The bank has committed additional spends of USD 6 million until 2020.
About Standard Chartered Private Bank
Standard Chartered Private Bank is the private banking division of Standard
Chartered. Headquartered in Singapore, the Private Bank provides exciting
career opportunities to over 1,200 employees including about 450 relationship
managers globally. It has 18 offices including two trust offices in 15 cities
across Asia, Africa, Middle East and Europe.
The Private Bank has grown strongly since its inception in May 2007. On top of
its strong organic growth, it acquired American Express Bank in 2008, through
which it has further improved its capabilities. The Private Bank has been
showing continued strong growth momentum: In 2012, its revenue increased 12%
and its Assets under Management grew by 17% in Asia and 14% globally despite
challenging market conditions.
The Private Bank leverages the natural strengths of Standard Chartered: A
heritage of over 150 years in international banking, an international network
across more than 70 countries, and strong local presence in growth markets.
This puts the Private Bank in an advantaged position to build and deepen
relationship with its clients.
Standard Chartered Private Bank's strong growth and rising industry leadership
has been recognised by the industry: Major awards that the Private Bank has
won in 2012 include the "Outstanding Private Bank Asia Pacific 2012" award by
Private Banker International; "Asian Advisor Manager of the Year" award by
Citywealth Magic Circle Awards 2012; "The Best Private Bank in India" award by
Financial Times Private Wealth Management; "The Best Private Bank in India"
and "The Best Private Bank in Middle East" awards by Asian Private Banker.
More recently, the Private Bank also won "Best Private Bank India" at the
inaugural Wealth Briefing Asia Awards 2013.
For more information, please visit:
Standard Chartered Private Bank is the private banking division of Standard
Chartered Bank ("SCB"). Private banking activities may be carried out
internationally by different SCB legal entities and affiliates according to
local regulatory requirements. Not all products and services are provided by
all SCB branches, subsidiaries and affiliates. Some of the SCB entities and
affiliates only act as representatives of the Standard Chartered Private Bank,
and may not be able to offer products and services, or offer advice to
clients. They serve as points of contact only.
In Singapore, Standard Chartered Private Bank is the Private Banking division
of SCB, Singapore branch.
In Hong Kong, Standard Chartered Private Bank is the private banking division
of Standard Chartered Bank (Hong Kong) Limited (CE#AJI614) which is regulated
by the Hong Kong Monetary Authority and the Securities and Futures Commission
in Hong Kong.
In Jersey, Standard Chartered Private Bank is the Registered Business Name of
Standard Chartered (Jersey) Limited. Standard Chartered (Jersey) Limited is
regulated by the Jersey Financial Services Commission. Standard Chartered
(Jersey) Limited is also an authorised financial services provider under
license number 9790 issued by the Financial Services Board of the Republic of
South Africa. Standard Chartered (Jersey) Limited is a wholly owned subsidiary
of Standard Chartered Bank.
In Dubai International Financial Centre (DIFC), SCB DIFC is regulated by the
Dubai Financial Services Authority (DFSA) and is authorised to provide
financial products and services to persons who meet the qualifying criteria of
a Professional Client under the DFSA rules. The protection and compensation
rights that may generally be available to retail customers in the DIFC or
other jurisdictions will not be afforded to Professional Clients in the DIFC.
Standard Chartered Bank is incorporated in England with limited liability by
Royal Charter 1853 Reference Number ZC18. The Principal Office of the Company
is situated in England at 1 Basinghall Avenue, London, EC2V 5DD. Standard
Chartered Bank is authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and Prudential Regulation
Standard Chartered Bank in India
Standard Chartered Bank is India's largest international bank with 99 branches
in 42 cities, serving 60,000+ SMEs, over 2,500 key Corporate and Institutional
Relationships and approx 2 million retail customers. Key businesses comprise
Consumer Banking, including Deposits, Loans, Wealth Management, Private
Banking and SME Banking; and Wholesale Banking, which includes Cash
Transaction Banking, Treasury, Corporate Finance and Custody Services. For
more information, visit http://www.standardchartered.co.in
Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered is a leading international banking group. It has operated
for over 150 years in some of the world's most dynamic markets and earns
around 90 per cent of its income and profits in Asia, Africa and the Middle
East. This geographic focus and commitment to developing deep relationships
with clients and customers has driven the Bank's growth in recent years.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges
as well as the Bombay and National Stock Exchanges in India.
With 1,700 offices in 70 markets, the Group offers exciting and challenging
international career opportunities to over 88,000 staff. It is committed to
building a sustainable business over the long term and upholding high
standards of corporate governance, social responsibility, environmental
protection and employee diversity. Standard Chartered's heritage and values
are expressed in its brand promise, 'Here for good'.
For further information please visit http://www.standardchartered.com . Follow
Standard Chartered on http://www.facebook.com/standardchartered and on Twitter
Primary Media Contact: Ami Ganjawalla, email@example.com ,
Press spacebar to pause and continue. Press esc to stop.