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imageKARACHI: The Standard Chartered has won the "Best Foreign Bank in Pakistan" award for 2015 by Finance Asia.

This award is in recognition of Standard Chartered's superior product structuring and distribution capabilities, and reinforces the Bank's dominant leadership position in Pakistan, said a press release issued here Monday.

It said that the last decade has seen Standard Chartered transform itself in Pakistan and become an integral part of the social and economic fabric of the country.

With a presence in the country for more than 150 years, Standard Chartered is the largest international bank in Pakistan.

Commenting on the recognition, Shazad Dada, Chief Executive, Standard Chartered Pakistan, said: "We are delighted to be presented with this award from such a prestigious publication.

Receiving this award is not only a testament of our expertise, but a recognition of the strength of our on-the-ground presence and our ability to offer customised solutions to our clients and businesses in the country."

The Finance Asia Country Awards look at the best financial services firms in each country around the region and recognise the top foreign and domestic banks.

The Bank was competing amongst some of the largest local players in the Banking Industry and has won this award on the basis of its competence and commitment to the customers.

Copyright APP (Associated Press of Pakistan), 2015

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