StanChart, Aamartaka sign deal
Standard Chartered has recently teamed up with ‘Aamartaka’, incorporated as Power Ride Services Limited, as its first Third Party Sales (TPS) partner in Bangladesh. Under the deal, Aamartaka will act as an authorized sales agent, working with the Bank in engaging with a wider client-base in the digital space, said a press release.
Through this agreement, the bank aims to scale up its distribution network, efficiently reach new client segments, and thereby deliver world-class banking products and services to a broader customer group. Aamartaka, one of the largest financial aggregator companies in Bangladesh, will leverage its deep insights in the digital consumer landscape and retail banking products to effectively match-make between customers and the bank’s financial products best-suited to their lifestyle.
Sabbir Ahmed, Head of Retail Banking of Standard Chartered Bangladesh, said, “The retail banking industry is evolving rapidly, an evolution that will only speed up in the new normal. By building a collaborative ecosystem and strategic partnerships, we hope to harness the waves of digital disruption to deliver superior client experience at unprecedented scale in the coming years.”
Md. Mahmud Al Maruf Toufiq, CEO, Aamartaka, said, “We are delighted to partner up with Standard Chartered to bring cutting edge financial services to our customers. Our services will make it more efficient for them to access the best financial solutions in the market within a matter of minutes. And by managing the application process we can ensure that the applicant has complete transparency at all times.”
