Executives of Standard Chartered Bank and Hamriya Free Zone Authority
Standard Chartered Bank, has inaugurated its new Electronic Banking Unit (EBU) at the Hamriya Free Zone in Sharjah. Standard Chartered is the first foreign bank to operate in the Free Zone, providing banking and finance services to Small and Medium Enterprises (SMEs) and retail clients. The bank will leverage on its global network to facilitate the increased intra-regional activities of businesses operating in the free zone.
Standard Chartered Bank's new EBU is staffed by experienced Relationship Managers who specialise in financial services for SMEs and individuals. The EBU is equipped with a Cheque and Cash Deposit Machine as well as ATMs and Internet banking facilities to ensure optimum convenience for customers in the area.
Chris de Bruin, Head of Consumer Banking, Standard Chartered UAE, said: “Standard Chartered adopts a customer-focus strategy which aims to provide financial products and services which cater to our customer’s specific needs. The opening of the new EBU reaffirms our strong commitment to expand our presence in the UAE and enable business enterprises and individuals to take advantage of our superior banking products and services.”
Dr. Rashid Al Leem, Director General of Hamriya Free Zone, said: "The opening of Standard Chartered Bank's new EBU will improve access to premium banking products and services, benefiting the thousands of corporate and individual clients in the Hamriya Free Zone. We commend Standard Chartered for taking the initiative to establish a presence in the rapidly-growing Free Zone and we are confident that the bank will enjoy the strong support of both corporate and individual clients."
Standard Chartered Bank's Hamriya EBU accepts applications for loans and facilities, Saadiq Islamic Banking services, and opening of an account as well as Fixed, Term and Call Deposits. It also accepts remittance instructions. The EBU is open from 8 am to 3:30 pm from Saturday to Wednesday and from 8 am to 2 pm on Thursday. The automated lobby is operational 24 hours daily.