Stanbic Bank Tanzania Awarded Best Custodian Bank by DSE

dse stanbic Tanzania award

The Dar es Salaam Stock Exchange (DSE) has awarded Stanbic Bank Tanzania “Best Custodian Bank” in the country.

The announcement was made during the DSE Members’ Awards Winners ceremony held for the first time in Dar es Salaam on September 30th 2016.

Through this initiative the DSE recognizes and awards its members for good corporate governance, investor protection, sustainable growth of their businesses, engagement with investors and the public, as well as good fundamental performance and corporate social responsibilities.

Stanbic Bank Tanzania is a full service commercial bank which specializes in providing facilities and services to public and private sector corporations, diplomatic missions and international organizations.

Ken Cockerill, CEO at Stanbic Bank Tanzania, said in a recent interview with TanzaniaInvest: “Our focus [in Tanzania] is on all the key growth sectors: agriculture, telecommunications, oil and gas, power and infrastructure, fast-moving consumer goods etcetera. […]We see Tanzania as an important growth opportunity.”

Stanbic Bank Tanzania is a member of the Standard Bank Group (JSE:SBK) of South Africa, the largest African bank by assets, operating in 20 countries across Africa.

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