Standard Chartered Bank and Capital Club Bahrain have signed a strategic agreement implementing a plan benefiting "priority" and "international banking" clients as well as Capital Club members.

The agreement was signed at a ceremony held at the club located within the Bahrain Financial Harbour, in the presence of senior executives from both organisations.

Under the agreement, the bank's existing and new clients who qualify will be offered a one-year Capital Club membership, reported the Gulf Daily News, our sister publication.

Standard Chartered Bahrain's clients as well as Capital Club Bahrain members will also be able to reimburse their Capital Club Bahrain monthly/annual membership fees should they opt for the minimum enrolment in one of Standard Chartered Bahrain's select wealth management products.

"As a leading international bank that has been in Bahrain for over 92 years, we are well positioned to meet our clients' needs and lifestyle requirements," Standard Chartered Bank in Bahrain head of consumer banking Sandeep Bose said.

"They can enjoy worldwide recognition of their priority status with us.

"Through this exclusive and unique partnership with Capital Club Bahrain, our clients and club members can both have access to an array of benefits.

"We continuously seek the best solutions for our clients, and Capital Club is a great exclusive international brand that fits this segment," remarked Bose.

Capital Club Bahrain vice-chairman Dr Omar Al Mardi said the agreement would definitely add more value to new and existing Capital Club members as well as the bank's clients.

"It is important to associate our brand with one of Bahrain's financial landmarks, especially that is a trustworthy organisation and internationally well-known," he said.

"We are confident that this will be a fruitful and successful partnership and look forward to working together," he added.

As part of the agreement, Standard Chartered Bank in Bahrain will continue to host investment seminars for priority and international banking clients at the Capital Club as part of its monthly seminars and workshop programme as an additional service to clients.

The last seminar conducted was the 'Global Markets Outlook 2014', featuring Alan Chua of Templeton Global Equity Group.-TradeArabia News Service