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Stanbic Bank Reiterate Support to SMEs With Ad-Hoc Products

May 5, 2021
1 minute read
Stanbic Bank Tanzania SME Iftar Silent Ocean

Stanbic Bank Tanzania recently reiterated its commitment to support SMEs in the country.

On the 2nd of May 2021, Said Saleh, Manager of the Stanbic Kariakoo branch, spoke during an Iftar ceremony organized in Dar es Salaam by Silent Ocean for their SME’s partners.

Silent Ocean is a clearing & Forwarding company based in Guangzhou, China, with sister companies Silent Ocean Limited Tanzania and Kilimanjaro Star Cargo- L.L.C Dubai.

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During the event, Stanbic highlighted the business solutions it provides to SMEs including Biashara Direct, ACAP solutions, trade support solutions, and insurance.

About Stanbic Tanzania

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

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.

Want to know more about Banking in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Banking, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

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Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

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