Stanbic inks deal with GWM Motor
In a continued effort to bring convenience and superior value to Batswana, Stanbic Bank Botswana’s Vehicle and Asset Finance (VAF) unit has signed a partnership with Haval/GWM Motor Holdings. This new development will provide the Bank’s clients with affordable repayments and vehicles.
Stanbic which is part of Standard Bank is over the moon on the ground breaking partnership. “As a Bank, we are committed to making a meaningful difference where it matters most. We believe that dreams matter. They are the flames that power the future. That is why we partner with Batswana through their growth journeys, taking uncharted paths, together. Paths that lead to growth. We recognise the immense impact of COVID-19 on our customers, our communities and indeed our Nation. These challenging times have resulted in many dreams being deferred, but with this great partnership, this does not have to be the case. This offering will provide our clients with the opportunity to buy a new vehicle with tailored, affordable instalments, ” commented Stanbic Head of Secured Lending, Wabo Moswate.
The Bank offers Retail VAF, for individuals and the Commercial Asset Finance which supports Business Banking and Corporate clients. The motivation behind the new offering is largely around the growing strength of the Bank’s Vehicle and Asset Financing division, which continues to provide innovative and relevant financial solutions. “As a Bank, we pride ourselves in living our purpose, Botswana is our home, we drive her growth.
We are committed to helping Batswana build their own legacies and turn their dreams into reality. We do this because we recognise that dreams fuel our growth.
This offering is yet another example of our unwavering efforts to drive Botswana’s growth and make a meaningful difference where it matters most. We are committed to improving lives. Individuals, families and businesses can now be proud owners of brand-new vehicles, proving that with Stanbic Bank, It Can Be,” concluded Moswate.