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Old December 20th, 2017, 04:57 PM
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Default Standard Chartered Bank BGC

What do you mean by BCG in Standard Chartered Bank reference will you pls tell me here as my cousin want to know about Standard Chartered Bank BGC concept ??
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Old December 21st, 2017, 10:29 AM
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Default Re: Standard Chartered Bank BGC

Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England.

As you asking here I am telling a bank GIRO credit (BGC) is basically a paper slip addressed to a bank branch instructing it to credit a specified sum of money to a named account at that branch. It is not a payment instrument, i.e. it cannot be used on its own to make a payment, and must be accompanied by cash and/or a cheque.

Bank profile:

Type Public limited company

Traded as LSE: STAN

SEHK: 2888

NSE: STAN

OTC Pink: SCBFF

FTSE 100 Component

Industry Banking, Financial services

Predecessor Standard Bank

Chartered Bank

Founded 1969; 48 years ago

Headquarters London, England, UK

Area served Worldwide

Key people José Viñals

(Chairman)

Bill Winters

(Group Chief Executive)

Services Credit cards

Consumer banking

Corporate banking

Investment banking

Mortgage loans

Private banking

Wealth management

Revenue US$ 14.060 billion (2016)

Operating income US$ 0.409 billion (2016)

Net income US$ (0.191) billion (2016)

Total assets US$ 646.692 billion (2016)

Total equity US$ 44.368 billion (2016)
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