Stanbic Tanzania Unveils New Executive Banking Offering

Stanbic Bank Tanzania has redefined its Executive Banking offering in order to deliver tailor-made services to its customers.

Speaking during the launch event in Dar es Salaam over the weekend, Stanbic Bank’s Head of Executive Banking, Ruth Mwaiselage said the refined offering will give relevant solutions, benefits and most of all convenience, all this is to ensure the bank becomes part of the customer next step in moving forward.

She said the offering provides executive banking customers, access to a dedicated Executive Banker as a single-point of contact to ensure customers’ banking needs are fully met.

Customers will also enjoy an embedded insurance cover (funeral/life/total permanent disability/retrenchment cover) on their transactional accounts and all lending products, access to interest-free short term loans granted within two hours and a range of product options for transacting abroad.

She reminded that the Executive Banking offering has been in existence for several years; however, the Stanbic’s approach is to continuously adapt and evolve its offering to meet its customers’ ever-changing personal requirements and lifestyle needs in a convenient and hassle-free manner.

“The feedback from our customers was that they needed a partner to grow their wealth and business interests while protecting their assets and family. This product was designed to be a one stop shop for our customers’ financial and investment solutions. It caters for their evolving lifestyle needs, from financial to family,” Mwaiselage concluded.

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

The bank provides the full spectrum of financial services to public and private sector corporations, diplomatic missions and international organizations.

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.