Standard Chartered opens private banking centre in South Korea

Standard Chartered Bank Korea (SCBK) has reportedly opened a caller backstage banking centre, called the Apgujeong Priority Private Centre, successful Apgujeong-dong, a territory successful confederate Seoul.

The caller backstage banking centre is said to supply wealthiness absorption services to individuals with deposits of astatine slightest Won1bn ($680,000).

This centre marks Standard Chartered’s archetypal backstage banking installation successful Korea and the 16th successful the bank’s planetary network.

Standard Chartered’s web includes locations successful Singapore, Hong Kong, Taiwan, the UAE, India, and mainland China.

The Apgujeong centre is portion of the bank’s strategy to fortify its beingness successful Korea, a important marketplace for its retail banking operations.

Also, SCBK plans to unfastened further backstage banking centres successful different cities with affluent clients, specified arsenic Busan and different areas successful the Seoul metropolitan region.

Standard Chartered Bank Korea CEO Lee Kwang-hee said: “We are the lone planetary slope with retail banking operations successful Korea and purpose to present a higher level of fiscal solutions successful the section marketplace backed by world-class planetary concern strategies.”

Pak Se-ri, a renowned Korean play personality, became the archetypal lawsuit of the caller centre and attended the opening event, joined by SCBK absorption and team.

The Apgujeong centre occupies six floors and includes a lounge, a reception area, 11 rooms for lawsuit consultations, and a backstage vault.

A squad of 22 narration managers, with implicit a decennary of experience, volition service clients, supported by 4 specialists successful investment, overseas exchange, and insurance.

The centre volition connection services successful wealthiness management, succession planning, and further benefits for clients, according to quality reports.

Standard Chartered wealthiness and retail banking CEO Judy Hsu said: “The motorboat of our Apgujeong Priority Private Centre underscores our semipermanent committedness and concern successful the Korean marketplace and addresses the increasing request for tailored wealthiness absorption solutions and personalised services among our affluent clients.

In 2014, Standard Chartered scaled backmost its beingness successful South Korea by selling 2 of its businesses successful bid to summation its absorption connected wealthiness products and services.

"Standard Chartered opens backstage banking centre successful South Korea " was primitively created and published by Private Banker International, a GlobalData owned brand.

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