The Monitor (Botswana)

Stanbic Hosted Second Digital Webinar

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Stanbic Bank Botswana’s Personal and Business Banking team hosted its second digital webinar recently titled ‘Business Unusual. The session focused at unpacking how businesses from different sectors have been impacted by the COVID-19 pandemic while offering ways to adapt and withstand its economic consequenc­es. Stanbic Bank believes that the fight against COVID-19 must be a joint responsibi­lity between government and the private sector. The Bank has collaborat­ed with the Bankers Associatio­n of Botswana to brainstorm on a systemic approach to support its clients and speakers during the session underscore­d this further. Stanbic Bank Botswana remains committed to supporting clients and partners meaningful­ly and sustainabl­y during this “business unusual” caused by the global pandemic.

Recently the bank launched Africa China Agent Propositio­n (ACAP), which aims to assist Botswana’s importers source and validate quality goods, safely and efficientl­y, from the most competitiv­e suppliers in China. The initiative provides access to a universe of Chinese suppliers and eases the cash of importers throug expert financial support and empowering importers with insight and control of the entire importing and logistics process. ACAP is revolution­ising the way in which African businesses import from China, especially in the wake of the pandemic.

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