Standard Chartered Bangladesh has launched two mobile phone applications to expand its retail banking services across the country.
The foreign bank, which has pioneered modern banking in the country, introduced the apps -- 'SC Mobile Bangladesh' and 'Good Life' -- at an event at Westin Dhaka on Sunday.
The SC Mobile Bangladesh app will allow account-holders to do their banking from home or any other place, even sitting in a car, said Abrar A Anwar, chief executive officer of SCB.
Through the SC Mobile Bangladesh app, people can easily do regular banking activities, starting from bill payments to downloading statements.
At present, 80 percent of SCB online banking is taking place through mobile phones, according to Anwar. “New customers are more tech-savvy. So, probably 10 years down the line, many people will not come to the banks.”
The banker called upon the telecom operators and banks to work together to make banking services more accessible for clients.
Through the app, clients can access privileged services at over 3,000 outlets in Bangladesh, Singapore, Hong Kong, Malaysia, Thailand, Brunei, the United Arab Emirates, Sri Lanka, Indonesia and Vietnam.