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Wednesday, 14 December 2016

STANBIC BANK RE-LAUNCHES PRIVATE BANKING


December 2016, Dar es SalaamStanbic Bank Tanzania has relaunched their private banking services with the aim of improving the overall banking experience as well as steadily increasing number of customers within the private banking space.

The relaunch took place recently and brought together clients in the Private Banking space, Stanbic Bank Executive Committee members as well as Stanbic Bank Tanzania staff members.

Speaking during the event, Ruth Mwaiselage, Head, Private Banking, noted that the bank seeks to provide an exclusive and comfortable banking experience to its customers.

“Our clients will be getting a superior level of services and rewards through this facility. Our aim is to provide integrated financial solutions that fit well with the needs of our customers,” Ruth said.


Through this service, the bank is offering an enhanced value proposition that includes, dedicated Private Bankers, 24/7 customer service support, Wealth Management options and easy access to loans. Clients will also enjoy a new tenure of 20 years for Home Loan with a maximum value of up to TZS 2Bn.

Access to VIP Airport Lounges, Platinum Cards that provide a number of discounts and services such as travel assistance also form part of the proposition.

The bank is further extending dedicated offerings to professionals such as medical doctors, lawyers, engineers, as well as employed and self-employed affluent clients. 

The Clients will enjoy enhanced exclusive experience that will enable them to better manage their wealth and grow their investments.

Commenting on the banking industry, Ruth further noted: “We do recognize that this is a highly competitive industry and have consequently identified a gap in the market that will enable us to provide enhanced relationship- based banking service that guides our clients through market changes which may affect their investments.”

The service is not only focusing on providing a high-class experience, but also gives the client the full access to manage their funds, giving them a sense of empowerment. The Bank has re-opened its private suite at their head office, giving clients the feel and look of an office away from one of their own.

About Stanbic Bank Tanzania

Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets. Stanbic Bank Tanzania provides the full spectrum of financial services. It’s Corporate and Investment Banking division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate and Investment Banking delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.

Stanbic Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Stanbic Bank Tanzania’s personal and business banking unit offers banking and other financial services to individuals and small-to-medium enterprises. This unit serves the increasing need among Tanzania’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.

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