Bangkok--14 Jul--The Standard Chartered Private Bank The Standard Chartered Private Bank has been named the "Global Best Private Bank" by Euromoney. This is a first for Standard Chartered. It is a strong endorsement of our private banking franchise and our emphasis on first class service delivery to the high net worth segment. In awarding the accolade to The Standard Chartered Private Bank for its performance in 2007-2008, Euromoney cited risk management, a focus on growth markets, achievements in performance, growth in client base and a commitment to client service and advisory as success factors. These factors were underpinned by the speed of its expansion and talent strategy.Peter Flavel, Global Head of The Standard Chartered Private Bank, said: "We are excited with this win, and we're excited by the future for private banking at Standard Chartered. The award recognises our strong performance over the past 12 months. It also supports the powerful combination of Standard Chartered’s growth market network with the newly integrated platform capabilities of American Express Private Bank.”“The Standard Chartered Private Bank launched in 11 markets across five weeks in 2007, a speed and scale unprecedented in the private banking world. With American Express Private Bank (AEB), the Private Bank tripled its distribution strength to 33 offices with over US$40 billion Assets Under Management in under 12 months. With strong credit ratings and a 150-year history, Standard Chartered is a strong and stable partner to private bank clients throughout every stage of their financial life”. On expansion over the next two to three years, Peter Flavel said: “The Private Bank will be adding 150 relationship managers from internal and external sources and will continue its expansion in China and India. We're particularly proud of our growing capacity to develop our own private bankers as part of their natural career path in the Bank.”Peter added: “The Private Bank is in a good place. We are not restricted to growing in just a few markets - we're in the right markets at the right time with strong presences in all the major High Net Worth growth markets of the world - Asia, Latin America and the UAE. We are advantaged in seeking out the opportunities that leverage our enhanced capabilities by being integrated into the overall Bank. We don't want to be separate business and potentially competing with other business units as a standalone "monoline". The Standard Chartered Private Bank has a full service open architecture client proposition that leverages its heritage and expertise in these dynamic growth markets. It's truly an exciting time for private banking at Standard Chartered.” For more information please contact: Supattra Wetchasart Corporate Affairs Tel. 02-724-8022, Cell.089-482-0154