Stanbic celebrates 30 years of oiling Zim’s growth



Stanbic Bank will this month celebrate 30 years of service provision which has seen the leading financial services institution contributing significantly to the socio-economic growth of Zimbabwe and the communities in which it operates in.

The bank’s CE, Solomon Nyanhongo, said Stanbic Bank has supported the full spectrum of Zimbabwe’s economic sectors over the last three decades in addition to looking after the needs of its customers.

Nyanhongo said Stanbic has weathered the challenges to become a solid and consistent financial services provider with a focus to drive Zimbabwe’s growth.

“We have contributed millions of dollars to support several infrastructure development initiatives with a direct bearing on the economic development of the country. As we always say, Zimbabwe is our home and we are determined to drive her growth. We are more than committed to make Zimbabwe great,” said Nyanhongo.

He said Stanbic’s operational thrust was premised on putting its customers first hence it adopted the concept of “Customer Centricity” as the navigation phrase applied while its employees go about service delivery.

“We are here for our clients. We love our clients and we will continue to work for them and come up with innovative growth strategies for their benefit,” he said.

Nyanhongo said Stanbic Bank has a sustainable and comprehensive corporate social investment (CSI) initiatives that include health and sanitation, education and sports.

“Our CSI initiatives are carefully structured to ensure that they positively impact the community in which we operate. Through these initiatives we have helped construct community bridges, classroom blocks, Mothers’ Waiting Homes, supplied life-saving equipment for health institutions throughout the country, provided bursaries, drilled boreholes and supported various associations who look after the disadvantaged just to mention a few,” he said.

That human face has also seen Stanbic Bank respond to natural disasters and calamities that have hit Zimbabwe over the years such as The Cholera Outbreak, Cyclone Idai, and most recently the menacing COVID 19.

He said it was fitting that the institution was celebrating 30 years at the same time its parent company, The Standard Bank Group, was also celebrating 160 years of operating.

The fact that Standard Bank Group was celebrating 160 years of existence augured well for Stanbic Bank as this demonstrated the solidity of its foundation, Nyanhongo said.

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