adminDAR-ES-SALAM. – Standard Chartered Bank has announced plans to step up investment and leverage its unique footprint and international banking expertise to drive growth in Africa. Through a new brand campaign, “Here for Africa”, the bank is reiterating its commitment to invest in Africa’s future and continuing to support key growth sectors across local economies, including infrastructure, telecommunications, transport, retail and trade.Under the bank’s refreshed global strategy announced late last year, the bank reiterated its heightened focus on Africa, seeking to grow its business across all markets, with a keen focus on corporate and commercial segments. Standard Chartered operates across 38 African economies, 16 on a full-presence basis and 22 on a transactional basis.
The bank’s footprint of 180 branches and outlets now has an extended reach, thanks to the bank’s continuous evolution of its digital platforms and mobile banking channels.
Sanjay Rughani, CEO for Standard Chartered Bank in Tanzania, said “Standard Chartered Bank continues to be committed to our business in Tanzania and the launch of our ‘Here for Africa’ campaign is timely.
“We are currently working on a number of initiatives that will see our Bank in Tanzania (BoT) further supporting the economic growth of our country through various segments of people and organisations spanning from individuals, corporate and commercial clients as well as the government.
“Standard Chartered Tanzania continues to deliver tangible benefits to support local economic growth.”
These benefits include development of human capital; roll-out of digital banking solutions to more than 15 000 retail customers and sovereign advisory expertise; attracting new investor capital from across Europe, US, Middle East and Asia, as well as empowering local entrepreneurs by bridging the gap between large multinationals and local suppliers through our successful supply chain financing proposition. – TDN.
Online Reporter