Stanbic Bank has once again partnered Harare International Festival of the Arts (HIFA) for the 2017 edition. The financial institution has been supporting the arts through HIFA since 2006 and continues to show their support 11 years on.
Johannesburg, 15 May 2017: Stanbic Bank’s parent company, Standard Bank Group as mandated Lead Arranger, has finalised a USD120 million debt package with Zimbabwe Power Company (ZPC), for the rehabilitation of existing power infrastructure at Kariba South Hydro Power Station and Hwange Thermal Power Station in Zimbabwe
The Standard Bank Group subsidiary was Named Visa Card Champion for 2016 after nurturing a steady growth of its market share in the past year. The bank claimed a market share of over 30% in the Visa acquiring category resulting in their being named and awarded Visa Card Champion for 2016 by Visa International.
Stanbic Bank Zimbabwe continues to play a pivotal role in international trade by assisting Zimbabwean business people and external enterprises in a broad spectrum of trade through its Exchange Control Department.
Stanbic Bank successfully launched a leading financial solution, Host to Host for corporate clients in Zimbabwe.