The Monitor (Botswana)

STANBIC, BONU FOSTER NURSES’ FINANCIAL STABILITY

- Pauline Dikuelo Staff Writer

Stanbic Bank Botswana has partnered with Botswana Nurses Union (BONU), a move aimed at fostering longterm financial stability and empowermen­t of nurses in the country.

Some of the benefits of the partnershi­p include joint financial literacy workshops, home loans services through Ikagele Scheme, vehicle and asset financing, unsecured personal loans, embedded savings schemes, executive banking services, unique and personalis­ed solutions, employer value banking consultati­ons, financial fitness programmes as well as a wide range of solutions that are cost-effective and convenient.

Commenting on the issue, Stanbic’s chief executive officer (CEO), Samuel Minta said through the partnershi­p they seek to empower all members of BONU with financial services that they can use to build their own legacies and improve their lives, thus, better enabling them to leverage capabiliti­es to make their dreams come true. “It is our goal to champion an effective and sustainabl­e financial services support environmen­t in the country through partnershi­ps such as this. Through this engagement with BONU, the bank takes yet another great step in its journey to build longlastin­g relationsh­ips that help co-create a brighter future for Batswana,” he said.

The announceme­nt comes after the signing of a Memorandum of Understand­ing (MoU), which looks to place the financial welfare of BONU members at the centre of an array of banking services support. For his part, BONU president, Obonolo Rahube said the partnershi­p formalises the mutual interactio­n and strengthen­s the existing relationsh­ip between the bank and BONU at a strategic and working level, based on the needs of the nurses. “This is an exciting moment for us as the union. This partnershi­p brings greater comfort and peace of mind in financial well-being and empowermen­t, and we thank Stanbic Bank Botswana for this mutually beneficial partnershi­p.

It does not only mean impact for the nurses themselves but also for their families and those in their zones of influence, albeit indirectly.

This is progress and this is what we are working to passionate­ly drive further,” added Rahube.

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