Photo: Standard Chartered

DHAKA, April 23, 2025 (BSS) - Standard Chartered Bank has announced a 
strategic partnership with Biman Bangladesh Airlines to establish the 
airline's first Regional Treasury Centre (RTC). 

This initiative marks a major milestone in Biman's financial transformation 
journey and underscores its commitment to operational excellence.
 
Powered by Standard Chartered's state-of-the-art Host-to-Host (H2H) solution, 
the RTC will centralise Biman's treasury operations across the international 
markets where it operates, leveraging Standard Chartered's unique global 
network and technological capabilities, said a press release here today.

Dr. Md. Shafiqur Rahman, managing director and CEO of Biman Bangladesh 
Airlines, said, "The establishment of our first Regional Treasury Centre, in 
collaboration with Standard Chartered, marks a significant milestone in 
Biman's journey of financial modernization. We look forward to deepening this 
strategic relationship as we continue to enhance our financial capabilities."

Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh, 
said, "We're proud to partner with Biman Bangladesh Airlines in launching 
their first Regional Treasury Centre-an important step towards enhancing 
financial efficiency and resilience."
 
Bijoy went on saying, "At Standard Chartered, we're committed to delivering 
innovative, technology-driven solutions that leverage our unique global 
footprint to support the growth ambitions of national champions across 
borders."

This strategic integration reinforces Standard Chartered's commitment to 
supporting the national carrier in adopting digital transformation. 
With operations in over 50 countries, Standard Chartered has been a trusted 
partner for Biman in terms of global liquidity and payment processing. 

This H2H solution will bring in fully automated, near real-time approach that 
streamlines payments and reconciliation, reduces manual intervention, 
enhances operational efficiency and minimises risk.
 
By consolidating multi-market cash management under one platform, the 
centralized treasury model is expected to simplify payment workflows, 
strengthen financial governance and accountability, improve liquidity 
visibility, and boost working capital efficiency-all while reducing 
operational risks and costs.

Standard Chartered Bangladesh, with its 120-year legacy in the nation as a 
pioneer in financial services, remains committed to help clients in adopting 
world-class financial solutions across the Bank's unique global footprint.