Stanbic Bank Kenya: Products and Services

Stanbic Bank Kenya is a member of the Standard Bank Group, Africa’s largest bank by assets.

With a solid foundation in Kenya and a history spanning over 110 years, Stanbic is one of the top banks operating in Kenya focused on fostering her socio-economic growth with a wide branch network across the country providing services to individuals, businesses and Commercial clients.

At Stanbic Bank, “Kenya is our Home, we drive her Growth.” This informs everything we do as an organization as we are committed to the growth and development of Kenya, its people and industries.

Stanbic Bank Kenya provides the full spectrum of financial services and continues to serve the people of Kenya with a range of personal banking products and solutions.

With regard to Business and Commercial unit, Stanbic Bank Kenya offers banking and other financial services to mediumsized enterprises and high value small businesses.

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This unit serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.

Its Corporate and Investment Banking division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services.

Corporate and Investment Banking delivers this comprehensive range of products and services relating to investment banking; global markets; and global transactional products and services.

Stanbic Bank’s Corporate and Investment Banking expertise is focused on industry sectors that are most relevant to emerging markets.

Premium Banking Solutions

Stanbic Bank is committed to providing its affluent clients with seamless, accessible banking services.

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Helping clients secure and grow their wealth is a priority for Stanbic.

Stanbic Bank’s comprehensive financial planning services empower clients to build a secure future.

Banking with Stanbic goes beyond finances-it is about enhancing clients’ quality of life.

Similarly, Stanbic Bank, has also been awarded the prestigious title of No. 1 Private Bank in Kenya by Global Finance, a recognition that reflects the bank’s unwavering commitment to delivering superior banking experiences for its affluent clients.

New Card Launch

The cards tie into the Bank’s affluent banking proposition which aims to deliver innovative, exclusive and customer-centred banking solutions and services.

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Speaking at the media engagement event, Abraham Ongenge, Head of Personal & Private Banking at Stanbic Bank Kenya said, “We pride ourselves in being a Bank that connects clients with a suite of premium benefits, rewards and exclusive solutions.

We believe that our clients deserve access to premium, secure and seamless services, which is why we continue to design and introduce solutions that make it easier for them to transact, live and work.

In a fast-moving world, access to the right platforms, solutions and services can be a gamechanger.

These cards will not only give our clients access to premium benefits but will also position them to gain from exclusive experiences and solutions.

Shehryar Ali, Senior Vice President & Country Manager for East Africa and Indian Ocean Islands at Mastercard added, “At Mastercard, we are committed to developing cutting-edge financial solutions that align with our clients' aspirations and suit their lifestyles.

Our collaboration with Stanbic Bank aims to deliver exceptional banking experiences to the cardholders blending comfort and luxury seamlessly.

The launch of these cards represents a strategic collaboration between Stanbic Bank and Mastercard to deliver premium services and value to high-net-worth individuals (HNWIs).

Stanbic World Card

This premium card offers access to global experiences, including VIP airport lounges, luxury car rental services and exclusive rewards programs.

Stanbic World Elite Card

This is the first metallic credit card in East Africa launched in collaboration with Mastercard.

With this prestigious card, affluent clients will enjoy enhanced spending limits and a host of lifestyle privileges.

From access to premium events and experiences to exclusive dining offers and curated travel itineraries, visa assistance services, shipping discounts and offers, this card provides rewards for the discerning customer.

Cardholders will enjoy access to Unicaf scholarships for eligible candidates to pursue academic studies with its associate universities.

Investment Options

Stanbic Dollar Fixed Income Fund (USD) aims to provide currency diversification, income generation, and stable growth.

The fund is suitable for individuals who want long-term capital growth and periodic income return from a well-diversified USD based Portfolio.

The fund is suitable for individuals who want to start their investment journey or are looking for a place to build an emergency fund - normally considered three to six months of monthly expenses.

This fund is also suitable for a corporate or an individual who seeks to grow their capital while ensuring investment risk is contained.

Trade Services

Bill Avalisation is the bank's undertaking on behalf of the importer, to honour payments of Bills of Exchange from the supplier for both domestic and international trade.

Through our documentary collections service, Stanbic Bank handles the documentary management process on behalf of both importers and exporters, acting as an agent for the collection and remittance of payments.

Documents are submitted directly to the bank on the instruction of the exporter.

Invoice discounting gives immediate value to customers invoices before maturity. The facility is available to clients who trade in credit terms.

We understand that protecting your business from unforeseen risks is the foundation of success.

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tags: #Kenya