The Latest

Stanbic Bank Hands Over Oxygen Tanks to Bugando Hospital

October 18, 2021
1 minute read
Stanbic Tanzania Donating Oxygen to Bugando hospital in Mwanza

Stanbic Bank Tanzania has recently handed over seven oxygen tanks worth TZS 4.5 million to the Bugando Hospital in Mwanza.

The donation is part of the bank’s efforts to support the health sector in Tanzania.

The heading over was carried out by Stanbic Head of Technology and Operations, Mussa Ally, to Mwanza Regional Commissioner, Eng. Robert Gabriel for the Bugando Hospital.

Stanbic Bank Tanzania has also recently donated 100 desks worth TZS 9 Million to Tuangoma Primary School in Temeke district as part of the bank’s ongoing Initiative dubbed Stanbic Madawati, which aims to improve the learning environment and support the development of the education sector in the country.

Stanbic Tanzania

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

Its Corporate & Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services.

Corporate & Investment Banking delivers this comprehensive range of products and services relating to investment banking; global markets; and global transactional products and services. Standard Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets.

It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Stanbic Bank Tanzania’s Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises. PBB serves the increasing need among Africa’s small businesses and individual customers for banking products that can meet their shifting expectations and growing wealth.

Tweet
Share
Share
Share
Related Posts
TANZANIA BOT NON-INTEREST ISLAMIC BANKING REGULATIONS
Read More

Tanzania Issues New Regulations for Islamic Banking Operations

The Bank of Tanzania (BOT) has issued new regulations establishing a comprehensive legal framework for Islamic banking and non-interest banking windows in Tanzania. The rules cover licensing, governance, Shari’ah compliance, financing structures, disclosure, and treatment of non-permissible income.
Tanzania Rwanda TIPS RSwitch cross-border instant payments
Read More

Tanzania and Rwanda Begin Linking National Payment Systems to Enable Instant Cross-Border Transfers

Tanzania and Rwanda have begun linking their national payment systems, Tanzania’s Instant Payment System (TIPS) and Rwanda’s National Payment Switch (RSwitch), to enable instant, low-cost cross-border transfers. The initiative, supported by the EAC and World Bank through the Eastern Africa Regional Digital Integration Project (EARDIP), advances regional financial integration and real-time payment connectivity in East Africa.
Tanzania CRDB Bank FinDev Canada KFW DEG
Read More

CRDB Bank Signs Over TZS 300 Billion Strategic Partnerships With International Financial Institutions to Expand Lending to SMEs

CRDB Bank has signed over TZS 300 billion in partnerships with FinDev Canada, DEG, and Shelter Afrique Development Bank to expand lending to small and medium enterprises, particularly those led by women and focused on climate-resilient projects. The partnerships also include financing through CRDB’s subsidiary in the Democratic Republic of Congo to support affordable housing, advancing financial inclusion and sustainable development across Africa.