StanChart grows affluent banking

Standard Chartered Bank Botswana aims to grow its affluent banking segment allowing customers to transfer Chinese Yuan. The BSE listed lender has stated that it continues onboarding additional mutual funds to offer a diversified portfolio to clients. A new foreign exchange delivery capability allowing clients to transfer Chinese Yuan was also officially introduced to the market to continue to drive the Non- Funded Income ( NFI) agenda through continued focus on the Affluent and Business Banking segments. “We successfully relaunched our Affluent Segment in the first half which saw us increase our Relationship Management team and refresh our client value proposition for the segment. This area will continue to be an area of focus, and growth for the bank going forward,” said the bank which is headed by Mpho Masupe.