Identifying investment risk profile

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Standard Chartered Securities (B) Bhd (SCSB) announced that its clients can now perform investment risk profiling online through the bank’s mobile app or online banking.

SCSB said the profiling establishes the Client Investment Profile, which is the first step for clients before investing with them.

“By completing the profiling, clients will be able to uncover their risk rating which helps determine their risk appetite hence matching their rating profile with suitable products carrying the same risk rating or lower,” said SCSB.

The process was previously performed physically with the need to fill and sign paper forms.

“With this capability available online now, clients can perform their profiling any time at their convenience and have accessed to past records. Non-investor clients can also perform this profiling if they are interested to uncover their risk appetite and rating.”

SCSB CEO Brenda Low, who is also the head of Wealth and Retail Banking at Standard Chartered Bank Brunei said, “We are delighted to enable this process digitally for our client’s convenience as well as opening this up to non-investors who may be curious on starting their investment journey with SCSB.

“With continuous awareness and education, we aim to empower our clients with a wealth of resources and capabilities for our clients to take charge of their aspirations and take advantage of opportunities to grow and preserve their wealth.”

PHOTO: ENVATO