The previous agreement between the two parties had been due to expire in May 2023.
The Reds have now extended the arrangement to 2027.
The new agreement is worth £50m-per-year - an increase of £10m on their previous £40m-a-year deal.
Liverpool boss Jurgen Klopp said in a video launched today: "Hello! I have some exciting news.
"On behalf of Liverpool FC, I'm delighted to announce that Standard Chartered Bank will be renewing their partnership as our front-of-shirt sponsor. It's been an incredible journey so far."
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