May 02 2011 |
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Standard Chartered Offers Custody Services for Nakheel Sukuk
UAE, 02 May, 2011 - Standard Chartered announced today that as part of its enhanced securities services offering, the bank is pleased to offer special services and terms to clients who are scheduled to receive Sukuks as part of Nakheel 's Creditors Settlement programme. The offer covers assistance with custody account opening, documentation and subsidised tariff.An experienced and specially-trained team has been formed to ensure seamless onboarding of clients for this specific transaction. More details of this offer may be obtained by contacting Standard Chartered 's Securities Services Department on +971 (0) 45082210 or ae.securities-services@sc.com
Standard Chartered is a custodian for all three markets in the UAE - Abu Dhabi Securities Exchange , Dubai Financial Market and NASDAQ Dubai . Standard Chartered is sole Clearing Bank for NASDAQ Dubai and Settlement Bank for NASDAQ Dubai and Dubai Financial Market .
-Ends-
Standard Chartered
- leading the way in Asia, Africa and the Middle East
Standard Chartered
PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.
For more information on
Standard Chartered
, please visit www.standardchartered.com
For more information, contact:
Piers Townsend
Regional Head of Business & Corporate Communication, MENAP
Standard Chartered
Bank
Tel: +971(0)45085916
Mob: +971(0)555085916
Piers.Townsend@sc.com
© Press Release 2011
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