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Stanbic Bank Tanzania Hands Over TZS 19 M to Facilitate Construction of Classrooms in Kindi Ward

February 28, 2022
1 minute read
Stanbic Tanzania Henry Kapungu

Stanbic Bank Tanzania’s Head of Agricultural Sector Investment Henry Kapungu recently handed over a cheque worth TZS 19 million to the CEO of TPC LTD Marius Jacobs (R) for FT Kilimanjaro to facilitate the construction of classrooms at Katanini Secondary School in Kindi Ward, Moshi District in Kilimanjaro region.

The donation is part of the bank’s efforts to support the transformation of Tanzania’s education sector.

Already in 2021, the bank donated 100 desks to the Kijitonyama Secondary school in Dar es Salaam, 100 desks to Tuangoma Primary School in Temeke, and 100 desks to Mbabala Secondary school in Dodoma and planted trees there.

About Stanbic Bank Tanzania

Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets.

Its Corporate & Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services.

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 (PBB) offers banking and other financial services to individuals and small-to-medium enterprises.

PBB serves the increasing need among Africa’s small businesses and individual customers for banking products that can meet their shifting expectations and growing wealth.

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