On 12th August 2020, Stanbic Bank Tanzania has handed over cheques for a total value of TZS 50 million to the five entrepreneurs who won the bank’s entrepreneurship challenge.
Dubbed “Stanbic Entrepreneurship Challenge“, the contest was launched by the bank to celebrate its 25th anniversary.
The grant was aimed at supporting entrepreneurs to reach their goals as well as inspire dreams in Tanzania.


Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets. The Bank provides a full spectrum of financial services.
The Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises.
PBB serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.