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Stanbic Bank unveils health sector value proposition

Stanbic Bank Zimbabwe, has launched a health sector value proposition aimed at contributing significantly to the health and well-being of Zimbabweans.

LEADING financial services institution, Stanbic Bank Zimbabwe, has launched a health sector value proposition aimed at contributing significantly to the health and well-being of Zimbabweans.

The health sector value proposition, which was launched in Harare recently, is a suite of solutions which will enable health sector practitioners to focus on the wellbeing of their patients while the bank looks after their financial wellbeing.

Speaking at the launch, Stanbic Bank’s chief financial officer Tafadzwa Mahachi said the suite of solutions was a result of the realisation of the importance of the health sector to the economy.

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) under 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 are matched to suppliers and manufacturers,” he said.

“As a financial services institution, we are intentional in going beyond banking to offer holistic banking solutions for the health sector through a well-thought-out health sector value proposition.”

He said the bank was committed to taking care of its clients in the health sector’s financing and financial wellness so that they only focus on the wellbeing of their patients.  

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.

Speaking at the launch, Standard Bank head of trade development for Africa, Luthando Vuba said the bank was focused on going beyond the traditional approach to banking.

“Africa is our home, and we drive her growth and healthcare needs to be at the centre of this growth,” Vuba said.

He urged the group to do more in terms of assisting the healthcare sector, not only through financing the acquisition of quality medical equipment but also ensuring that there is skills transfer from and collaboration with some of the best medical institutions from China and across the world.

Stanbic Bank’s head public sector Sarah Charangwa said the bank served the health sector through dedicated specialist relationship managers who understood the clients’ needs and could effectively proffer relevant solutions to enable the clients’ businesses to grow and succeed.

 “There are many benefits that the health sector players will enjoy by banking with Stanbic Bank,” she said.

“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 of care that they extend to their patients.”

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