Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
Manulife Hong Kong and Macau and Standard Chartered Bank (Hong Kong) have announced a distribution partnership.
Manulife will offer Standard Chartered's private banking clients a range of solutions covering savings, protection, wealth accumulation, and legacy planning, tailored to their financial needs.
"This strategic partnership with Standard Chartered Hong Kong marks a significant milestone for us, enabling us to deliver tailored savings and protection solutions to the bank's private banking clientele.” said Patrick Graham, chief executive officer of Manulife Hong Kong and Macau, in a joint statement.
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The joint statement said the partnership builds on the firms' long-standing relationship, dating back to 2016 when they established an exclusive pension distribution partnership.
This new collaboration aims to further strengthen their relationship and provide financial protection to a broader client base.