Head of Personal and Business Banking at Stanbic Bank Zambia Mukwandi Chibesakunda, said that the bank has launched an intensive campaign to introduce banking solutions that are relevant to the Zambian market aimed at driving its economic and social growth
Chibesakunda said this after she announced the opening of Stanbic’s new Kabulonga branch, which is the second opened since the start of the year.
“It is a branch that redefines our customers’ banking needs, offering them greater banking convenience while at the same time providing them with the financial protection and peace of mind,” she said.
Chibesakunda said that the bank has seen the growing potential of financial demand in the Zambian market, which can be attributed to the economic development the country has experienced.
“As bank, we remain committed to adding real value to our individual clients, SMEs and large corporates, by providing them with knowledge-based banking solutions as well as exceptional client experiences,” she added.
The bank believes that continued support from government and its stakeholders, drives Zambia’s progress. As a key market participant, the bank remains focused on introducing new and innovative banking services to the various sectors of the economy.
The new branch comes with products and services that are designed to giving clients competitive returns on their investment while protecting their capital.
“Stanbic is aware on the challenges of doing business in Africa and beyond. Being a member of the Standard Bank of South Africa, we believe that we can bring to the Zambian market best international banking practices to best serve our clients,” she said.
“Stanbic Bank is a member of the Standard Bank Group, which is the largest bank in Africa, as measured by overall balance sheet, by assets, by liabilities, and by profits, we are the largest bank in Africa. The group is also owned 20 percent by ICBC Bank in China – China’s largest bank.”
The bank remains optimistic in adding value to the banking sector and the Zambian economy through the provision of comprehensive and meaningful financial services to its customers in partnership with relevant stakeholders due to a strong belief in partnerships.