Stanbic embedded in corporate banking space

NGONI CHIUTSI
Wednesday, 19 July 2017
Stanbic CEO, Leina Gabaraane(R) Stanbic CEO, Leina Gabaraane(R) BOTSWANA GUARDIAN

Stanbic Bank Botswana continues to strengthen its position as the leading bank in the corporate and investment banking space in Botswana, with the capability and capacity to drive great influence and impact in the segment.

Standard Bank Group Regional Head of Corporation and Investment Banking, Chris Clarkson told this publication this week that the Group has pioneered a number of projects in Botswana that continue to earn it great acclaim. He said for any business to succeed, it is critical to have a sound strategy that is flexible, effective and promotes progress. “Stanbic Bank Botswana continues to drive strong performance in line with the Group’s strategy and has continued to yield growth with each financial year. In addition, Stanbic Bank Botswana is one of the leading performers across the regional footprint, with a remarkably well performing Corporate and Investment Banking (CIB) division,” said Clarkson.

Stanbic Bank Botswana prides itself with the remarkable capabilities and achievements in the CIB space. According to Clarkson, the CIB division of the business has proven experience in the sectors such as Non-Banking Financial Institutions, oil and gas, fast moving consumer goods, mining and metals, telecoms and media, power and infrastructure, power and real estate.

Head of CIB in Botswana, Shepherd Aisam also said key to making these capabilities even more powerful and effective for stakeholders, the bank shared, is collaboration and engagement. “We continue to position ourselves as leading operation in the market by placing an emphasis driving value for customers, the group and communities we operate in. 

“An important aspect here is working with our valued partners, collaborating as a means towards making progress real, engaging and communication with our key stakeholders along that journey,” said Asiam.Stanbic bank is a member of the Standard Bank Group, the largest bank in Africa by assets. The bank is one of the largest commercial banks in Botswana and is committed to ensuring a progressive and meaningful banking experience for each and every one of the Bank’s clients and stakeholders.Stanbic Bank provides the full spectrum of financial services and operates within the two divisions namely the Corporate and Investment Banking (CIB) and Personal and Business Banking (PBB). In Botswana, the bank employs over 600 workers and has a national footprint of 10 branches.

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