TCS BaNCS Customer Newsletter TCS BaNCS #32 (Spring 2020) | Page 23

FAST FACTS Standard Chartered Bank Indonesia (SCB Indonesia) is one of Standard Chartered Bank’s branch offices in the Asian region, owned entirely by Standard Chartered Holdings Limited, United Kingdom. The Chartered Bank (now Standard Chartered Bank) entered commercial banking business through Borneo Company in Batavia (now Jakarta) in 1859. In May 1863, The Chartered Bank then ran the business independently. With this, the Chartered Bank became the first British foreign exchange bank to set up business in the West Indies (now Indonesia). SC Indonesia is: l No.1 in domestic funds business with significant increase in number of discretionary fund clients l No. 1 in insurance segment by AUM l No. 2 in domestic mutual funds by AUM, leapfrogged from No. 4 in 2017 l Top 2 custodian banks in Indonesia Standard Chartered Bank Securities Services in Indonesia has won: l The Asset (2019) Best Sub Custodian- Indonesia Best Liquidity and Investment – Indonesia l Global Custodian Agent Banks in Emerging Markets Survey (2019) - Category Outperformer Indonesia l Global Finance: The World’s Best Sub-Custodian Bank (2019): Best Sub-custodian Bank - Indonesia 23