After obtaining a full fledged Merchant Banker license from the Bangladesh Securities and Exchange Commission (BSEC), merchant Banking operations of the Bank was initially launched through the Merchant Banking Wing (MBW) in the year 2009. Later on as per Directive of Bangladesh Bank, the Board of Directors of Standard Bank Limited formed a separate Subsidiary Company under Standard Bank Limited named SBL Capital Management Limited. Thereafter the Registrar of Joint Stock Companies and Firms issued the Certificate of Incorporation and also the Certificate of Commencement of business in favour of the said company. The Bangladesh Securities and Exchange Commission (BSEC) then issued a full-fledged Merchant Banker license in the name of SBL Capital Management Limited .The operation of SBL Capital Management Limited was launched from January 2011 through transformation of all activities of the erstwhile Merchant Banking Wing (MBW) of the Bank to this subsidiary.