Stanbic Bank has recently been named the Best Small and Medium Enterprise (SME) Bank at The Banker Africa awards, which celebrate and honor the best financial institutions across the continent annually.
The awards’ winning criteria consider the evolution and development of banking products and services that showcase innovation.
Winners are selected from nominations compiled from suggestions put forward by industry observers and experts throughout the region.
Stanbic Bank was praised for its tailored proposition to SMEs that has democratized banking for business people, providing them with advisory services and a seamless, hassle-free banking experience.
At a gala event held in Nairobi, Stanbic Bank Tanzania Head of Enterprise Banking, Farha Mohamed said, “we are proud to be acknowledged as the best SME bank in Tanzania. We remain committed to empowering the financial success of our clients and the communities in which we operate.”
Stanbic Bank is a member of Standard Bank Group and has received numerous accolades over the years including; best Investment bank, best custodian bank and most recently, best bank in Tanzania.
The group has been operating in Tanzania under the Stanbic Bank brand since 1995 focusing on all the key growth sectors in Tanzania, including agriculture, telecommunications, oil and gas, power and infrastructure and fast-moving consumer goods.