Tanzania Daily News Dar es Salaam
Displayed with permission from allAfrica.com

Stanbic bank Tanzania has been named the bank of the year 2016 by the world’s longest running international banking publication ‘the bank magazine’. The bank was named during a gala awards dinner hosted in London.

The bank Chief Executive, Ken Cockerill said his office and the entire team were pleased on the way their efforts were recognised.

« We are delighted to have received these awards, which recognise our on-going investment in improving the customer experience. » He said. The provided awards recognised the strong management, sound business model and clear and effective strategy delivered consistently by the banking group across multiple jurisdictions.

Mr Cockerill added: « Our customers are at the heart of everything we do, and our focus during the year was on building our relationships with our customers and getting a better understanding of their needs. »

According to the the Banker’s judging panel, the Standard Bank Group’s operations in all six African countries had made the most progress over the 12 months, not only in terms of strong financials, but also in the wide range of initiatives which the banking group undertook during this period.

Stanbic Bank Tanzania is a member of the Standard Bank Group, which was simultaneously named Regional Bank of the Year for Africa and also scooped Bank of the Year accolades in Botswana, Malawi, South Africa, Swaziland and Uganda.

Standard Bank Group, Africa’s largest bank by assets, is present in 20 markets across the continent and in major global financial centres. « These awards are a reflection of our commitment to Africa and to the shared future that we intend to create for our customers, our people and all our other stakeholders. » said Cockerill.