STANBIC BANK EXPANDS PRIVATE BANKING SERVICES TO MWANZA

Stanbic Bank Tanzania Head of Private Banking, Shangwe Kisanji (left), Stanbic Bank Mwanza Branch Manager, Personal & Business Banking, Geofrey Makondo (centre), and Stanbic Bank customer, GardaWorld Mwanza Branch Manager, Levina Beal, officially launch Stanbic Private Banking service enhancements, in Mwanza. Private Banking is an exclusive financial service designed for high-net-worth clients, including business owners, investors, professionals from various sectors, and business leaders. It enables them to efficiently manage and grow their wealth through financial advisory, investment solutions, and legacy building solutions.

Stanbic Bank Mwanza Branch Manager, Personal & Business Banking, Geofrey Makondo (right), one of the bank’s customers in Mwanza, Hussein Murtaza (center), and Stanbic Bank Tanzania's Head of Private Banking, Shangwe Kisanji, officially launch the Stanbic Private Banking service enhancements in Mwanza.

Stanbic Bank Tanzania Head of Private Banking, Shangwe Kisanji (left), engages in a discussion with some of the bank’s customers in Mwanza following the official launch of the Stanbic Private Banking service enhancements, in the region. In the centre is Levina Beal and Fatma Kimwaga (right).

Stanbic Bank Mwanza Branch Manager, Personal & Business Banking, Geofrey Makondo, speaks with some of the bank’s customers in Mwanza during the official launch event of the Stanbic Private Banking service enhancements, in the region.

Stanbic Bank Tanzania Head of Private Banking, Shangwe Kisanji, delivers a speech during a special occasion organised for some of the bank’s customers in Mwanza to mark the official launch of the Stanbic Private Banking service enhancements, in the region.

Stanbic Bank Tanzania Head of Private Banking, Shangwe Kisanji (fourth left), poses for a souvenir photo with some of the bank’s staff from Mwanza branch during the official launch event of the Stanbic Private Banking service enhancements, in the region.

• Stanbic Bank expands Private Banking to Mwanza – Delivering tailored financial solutions for high-net-worth individuals, business owners, and professionals

• Exclusive wealth management services now accessible in Mwanza – Personalized investment planning, lending solutions, and global banking connectivity

• Empowering future generations – Stanbic introduces Family Wealth Management & Financial Literacy Programs to help clients build lasting financial legacies.

Mwanza - Thursday, 6 February 2025: Stanbic Bank has officially launched its Private Banking Client Value Proposition (CVP) enhancements in Mwanza, furthering its commitment to providing specialized financial solutions that cater to the needs of the region’s growing high-net-worth individuals, business leaders, and professionals. The launch marks a significant step in the bank’s expansion strategy, ensuring that clients in Mwanza have access to bespoke banking services, wealth advisory, and investment solutions tailored to their financial ambitions.

Mwanza, as Tanzania’s second-largest city and a thriving commercial hub, has experienced rapid economic growth, driven by entrepreneurial success, corporate investments, and expanding family wealth. As more clients seek strategic wealth management services, Stanbic Bank is positioning itself as the premier Private Banking partner to support their financial journeys.

Speaking at the launch, Shangwe Kisanja, Head of Private Banking at Stanbic Bank Tanzania, highlighted the importance of providing personalized financial solutions that align with the ambitions of Mwanza’s high-net-worth clientele. “Private Banking is not just about managing money—it’s about partnering with our clients to build, grow, and secure their wealth for future generations. We recognize that our clients in Mwanza require bespoke financial solutions, and our Private Banking proposition is designed to deliver exactly that. From investment planning to tailored lending and legacy management, we provide the expertise and resources our clients need to achieve their financial aspirations.”

Clients who enroll in Stanbic Bank’s Private Banking proposition will gain access to a suite of exclusive financial and lifestyle benefits that go beyond traditional banking.

One of the key offerings is Wealth Advisory & Investment Planning, where clients receive expert financial guidance to structure, grow, and protect their wealth. This includes personalized investment strategies, risk management solutions, and portfolio diversification advice to help high-net-worth individuals maximize their financial potential.

Additionally, clients will benefit from Tailored Lending Solutions, designed to support both personal and business expansion needs. Whether it’s financing a major investment, expanding a business, or acquiring prime real estate, Private Banking clients will have access to customized credit facilities with preferential rates and flexible terms.

As part of the Private Banking experience, clients enjoy Priority Banking & Exclusive Privileges, including dedicated relationship managers who provide personalized financial services, ensuring seamless transactions and bespoke banking solutions that align with their financial goals.

Recognizing the global nature of wealth management, Stanbic Bank also offers Global Connectivity, enabling clients to access banking services across different markets. This includes opportunities for offshore investments, cross-border transactions, and international wealth structuring, providing a seamless financial experience regardless of location.

Furthermore, the bank is committed to Family Wealth Management, equipping clients and their families with comprehensive financial literacy programs and legacy planning services. These initiatives are designed to educate the next generation on wealth preservation, investment strategies, and responsible financial decision-making, ensuring that their financial legacy continues for years to come.

The Mwanza launch follows the successful Private Banking refresh in Dar es Salaam, with plans to extend these services to Mbeya, Arusha, Dodoma, and other key economic regions in Tanzania.

“Stanbic Bank is committed to delivering world-class Private Banking services that are accessible where our clients need them the most. With Mwanza’s economic growth and increasing demand for wealth management solutions, this launch is a crucial step in ensuring that our clients receive top-tier banking services tailored to their evolving financial needs,” added Kisanja.

The expansion of Stanbic Bank’s Private Banking services into Mwanza is a response to the city’s growing need for customized financial solutions. Unlike conventional banking, Private Banking is designed to provide clients with a seamless and highly personalized banking experience, ensuring that their financial needs are met with dedicated expertise and world-class solutions.

Stanbic Bank is inviting high-net-worth individuals, business owners, and professionals in Mwanza to experience exclusive banking benefits and consult with expert relationship managers for tailored financial solutions that match their business, investment, and wealth management needs.