{"id":6218,"date":"2025-11-22T18:55:42","date_gmt":"2025-11-22T13:55:42","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=6218"},"modified":"2025-11-22T18:55:42","modified_gmt":"2025-11-22T13:55:42","slug":"standard-chartered-pakistan-secures-72mln-mandate-from-dawlance","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=6218","title":{"rendered":"Standard Chartered Pakistan Secures $72mln Mandate from Dawlance"},"content":{"rendered":"

KARACHI:<\/strong> Standard Chartered Pakistan<\/a> has been awarded a comprehensive USD 72 million working capital and cash management mandate by Dawlance, a subsidiary of global home appliance giant Beko. The mandate marks a significant expansion of the bank\u2019s footprint among multinational corporates operating in Pakistan.<\/p>\n

Under the agreement, Standard Chartered will deliver end-to-end working capital financing, cross-border payment facilitation, and collections solutions for Dawlance and its group entities in the country. The partnership underscores the bank\u2019s capability to provide integrated, technology-led financial services tailored to the needs of global manufacturers with local operations.<\/p>\n

The signing ceremony was attended by Shada El Borno, Regional Head of Global Subsidiaries for UAE, Middle East & Pakistan at Standard Chartered, and Umar Ahsan Khan, CEO of Dawlance. Also present were Motasim Hasan Iqbal, Managing Director and Head of Transaction Banking Corporate Sales for Africa and the Middle East at Standard Chartered, and Farhan Akram, CFO of Dawlance Pakistan.<\/p>\n

Arslan Nayeem, Head of Coverage at Standard Chartered Pakistan, said the mandate reflects the trust multinational clients place in the bank\u2019s ability to deliver scalable, value-added financial solutions. \u201cThis agreement underscores our capability to provide solutions that drive our clients\u2019 growth and operational efficiency. Standard Chartered is dedicated to assisting multinational clients in navigating Pakistan\u2019s dynamic business landscape with agility and innovation,\u201d he stated.<\/p>\n

Dawlance CEO Umar Ahsan Khan said the collaboration will further enhance the company\u2019s financial operations. \u201cDawlance\u2019s decision to entrust Standard Chartered with this important mandate highlights their robust network, expertise in innovative solutions, and unwavering commitment to fostering our business growth. We are confident that this partnership will generate lasting value for our stakeholders,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

KARACHI: Standard Chartered Pakistan has been awarded a comprehensive USD 72 million working capital and cash management mandate by Dawlance, a subsidiary of global home appliance giant Beko. The mandate marks a significant expansion of the bank’s footprint among multinational corporates operating in Pakistan. Under the agreement, Standard Chartered will deliver end-to-end working capital financing, […]<\/p>\n","protected":false},"author":1,"featured_media":6219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t