By MAIMBOLWA MULIKELELA –
STANDARD Chartered has been named ‘Best Bank in Zambia’ by the Financial Times Banker Awards.
These awards are among the most sought after and well-respected accolades in the banking industry.
In a statement issued in Lusaka yesterday, Standard Chartered Bank Zambia chief executive officer Andrew Okai said the Bankers’ award was one of the most prestigious accolades in the industry.
“Being named Best Bank in Zambia demonstrates, yet again, that StanChart is indeed a bank of ‘firsts’- we lead in profitability, service leadership, innovation, digital banking and our community initiatives. Looking forward, we will further enhance our digital capability to meet the changing needs of our customers,” Mr Okai said.
He said this was why in November, the bank launched four new Electronic Banking Centres across Lusaka, which shows just how determined Standard Chartered Bank was to continue to lead the way in digital banking.
This new award is a welcome addition to the several, high-profile accolades that Standard Chartered Bank Zambia has already won this year.
In 2013 alone, StanChart was named ‘Best Bank in Zambia’ by Euromoney; and ‘Best Internet Bank in Zambia’ by Global Finance for the last three consecutive years.
In addition, during the Agricultural and Commercial Show in August, StanChart scooped another two awards – ‘Best Banking Exhibit’ and ‘Best Company listed on the LUSE.’ This brings the total to five major awards won by the bank this year alone.
Standard Chartered Bank has been operating in Zambia for 107 years now. With 25 branches and 45 ATMs across the country, the bank serves approximately 100,000 retail clients and 8,000 SMEs.
In wholesale banking, StanChart serves corporates in key sectors of the economy, including mining, agriculture and telecommunications.
This year, the bank concluded deals worth over US$3 billion.