Stanbic Bank unveils health sector value proposition
STAFF REPORTER
Leading financial services provider Stanbic Bank recently unveiled a value proposition for the health sector that will significantly improve Zimbabweans’ health and well-being.
The event was held in Harare and was attended by health professionals, representatives of the medical sector bodies, captains of industry and the academia.
The bank unveiled its holistic suite of solutions to enable the health sector practitioners to focus on the wellbeing of their patients whilst the bank looks after their financial wellbeing.
The health sector is one of the most important sectors in any country. It is responsible for ensuring the health and well-being of the population, which has a significant impact on the economy, society, and individual lives.
Speaking at the launch, Stanbic Bank’s CFO, Tafadzwa Mahachi emphasised the importance of the health sector as a healthy nation is a productive nation. He also acknowledged the pressures that medical professionals face on a day-to-day basis and Stanbic’s commitment to offer seamless banking solutions specifically curated for the health sector.
He said Stanbic’s dedication to the health sector was well complemented by the institution’s partnership with Zhejiang International Trading Supply Chain Co Ltd which trades as Guomao in China through the Africa China Trade Import Solution.
“Stanbic Bank’s partnership with Guomao through the Africa China Trade Import Solution has been pivotal in ensuring that health sector players intending to import consumables and equipment from China get matched to suppliers and manufacturers. As a financial services institution, we are becoming intentional in going beyond banking to offer holistic banking solutions for the health sector through a well-thought-out Health Sector Value proposition,” said Mahachi.
He said Stanbic bank is committed to taking care of the clients in the health sector’s finances and financial wellness so that they can focus on the well-being of their patients.
The Africa China Trade Solutions (ACTS) – Import Solution is directly linked to Original Equipment Manufacturers (OEMs)
Guomao’s scope of service includes sourcing products from verified suppliers, negotiating price and payment terms; quality check and assurance; handling shipping logistics and delivery to destination; clearing documents and after-sale support.
The Chinese entity has a broad expertise and can handle procurement of all kinds of products, raw materials, and goods with the focus sectors being Agriculture, industrialisation, transportation, infrastructure, medical and Health; manufacturing; construction and mining.
Each product has a Minimum Order Quantity (MOQ), to meet according to factories’ production requirement. A minimum invoice value of US$2000.00 or equivalent is required for the import solution.
Guomao Managing Director, Chaofeng Deng said the entity was committed to building a trustworthy bridge between Africa and China cognisant of the fact that industrialisation was the key to economic growth for Zimbabwe.
Stanbic Bank’s head public sector,Sarah Charangwa highlighted that the health sector is served by dedicated specialist relationship managers who understand the clients’ needs and are able to effectively proffer relevant solutions to enable the clients’ businesses to grow and succeed.
“There are many benefits for the health sector players to bank with the Stanbic Bank. We have inclusive solutions that will take care of everything they need to build and grow a health practice. Our dedicated team of healthcare specialists will look after their banking needs with the same level care that they extend to their patients,”
Stanbic Bank has also been very responsive to the challenges faced by the health sector through its flagship CSI project, Usizo-Ruyamuro. Since its inception in 2019, public health institutions have received equipment ranging from dialysis machines, theatre renovations and cancer treatment medications.
The bank remains dedicated to playing its part to support the government’s goals for the health sector as it implements the National Health Strategy 2021-2025. Our health care solutions are all inclusive focusing on the both public and private health sector players. We have also been deliberate in including offerings for health sector workers to enable them to reach their financial goals.
