STANBIC PRIVATE BANKING UNVEILS ENHANCED CLIENT VALUE PROPOSITION

Stanbic Bank Tanzania's Chief Executive, Manzi Rwegasira, recently addressed an audience at the Private Banking CVP event, unveiling a vision centered on family, lifestyle privileges, and personalized banking. He highlighted the Platinum Visa Card as a gateway to exclusive opportunities, marking a significant milestone in private banking by introducing clients and partners to fresh, evolving experiences.

• Stanbic Private Banking unveils enhanced Client Value Proposition, offering exclusive financial and lifestyle benefits for high-net-worth clients.
• Key features include the enhanced Visa Platinum Debit Card with global travel perks, personalized wealth management, and family banking services.
• The refresh emphasizes Stanbic’s commitment to helping clients build lasting legacies and achieve their ambitions.

Dar es Salaam - Stanbic Bank Tanzania's Private Banking division has unveiled an exciting refresh of its Client Value Proposition during a special event that took place on October 2024 at Johari Rotana. It intends to further raise the levels of the banking experience in Tanzania's high-net-worth individuals and further confirm Stanbic Bank's drive to provide the best and personalised solutions suited to the ambitions and lifestyle of each client.

The enhanced value proposition offers Private Banking clients a comprehensive suite of solutions aimed at supporting the creation, growth, and protection of their wealth while catering to their personal and family financial objectives. Addressing the event, Stanbic Bank's Head of Private Banking, Shangwe Kisanji, cited that the new proposition is anchored on the core philosophy of "Ambition Never Stops" and how clients will often press on in a bid to create something bigger than personal success.

Key Enhancements Unveiled

Visa Platinum Debit Card

The benefits are an abyss of luxury and comfort, inclusive of complementary lounge access internationally, bespoke travel privileges from select global brands such as Qatar Airways, Jumeirah Hotels & Resorts, and Avis Car Rentals. These benefits are further complemented with a free e-SIM that has global roaming data to keep one always connected with seamless travel.

Wealth Management Services

The enhanced proposition offers comprehensive wealth advisory services that allow clients to create, grow, and protect their assets across generations. Stanbic Bank's dedicated Relationship Managers come up with customized financial strategies, ensuring the goals of the clients are aligned with local and global market opportunities.

Family Banking Proposition

As part of the value proposition, Stanbic Bank has re-emphasized its commitments to banking the family and creating generational wealth, and thus spouses of existing clients are accorded the same privilege as their primary clients towards the development of family wealth through generations. This means tailored programs being offered to families with respect to management of money, investments, and protection of their wealth.

Exclusive Events and Networking

As an added touch to the customer experience, Stanbic Private Banking will host select networking events and luxury lifestyle activities for Visa Platinum Cardholders. Events like this provide a great opportunity for clients to network, forge relationships, or seek out new business opportunities.

Omari Mtiga summed the lifestyle benefits of the repositioned proposition, "We know that our clients' lives do not stop at banking transactions. This is why we are committed to a lifestyle offering that makes life easier and supports their ambition, whether it be through travel privileges, access to special events, or tailored professional advice."

These value propositions further position Stanbic Private Banking as the leading Private Bank in Tanzania, which is committed to empowering its clients to achieve their personal and financial goals. "This value proposition is much more than financial products; it's about partnering with our clients on a journey to create a lasting legacy for generations to come-for their families and communities," Rwegasira concluded.