Business

UK magazine honours Barclays bank

Van der Merwe
 
Van der Merwe

AI is a monthly magazine, by a UK-based publisher, which seeks to shape the global corporate conversation through high quality editorial and rigorous research from its team of experts and advisors.

“We are delighted and proud to be the recipients of this prestigious award and to be named the Botswana ‘Bank of the year 2016’,” said Barclays Bank of Botswana Managing Director, Reinette Van der Merwe.

 “This reaffirms our commitment to providing our valued customers and clients with the superior banking services they need and deserve.”

AI has a readership of over 108,000 subscribers in over 170 countries.

This in turn had consequently attracted submissions from some of the biggest players in the corporate landscape.

The major reason for Barclays Bank to win the award is the continued investing in cutting edge technology that enhances efficiency levels across the business.

 This has positively impacted customers, and repositioned the Bank as the leading pioneer of innovative banking solutions in the market.

“As a Bank, part of our work ethic is highly influenced by rising to the challenge to keep innovating and having a positive impact on Botswana’s growth. Our growth and excellence story largely depends on the strong and resilient banking system we have managed to develop and, above all, a dedicated workforce,” Van der Merwe added.

Barclays Retail Banking continued to launch first-to-market, customer focused solutions; Mobile Point of Sale, Cash at Till, Ignition Account, Discounts and Offers and Cardless Cash Deposit are some of the customer centric solutions that makes banking easier.

It is through these innovations that Barclays continues to help Batswana prosper. The Bank also excelled at Business Banking and launched Franchise Finance and Business Debit card to the local market.  It also demonstrated expertise in Agric Banking through sponsorships of key activities across the country, including the National Agric Show, Chobe Farmers Field Day and Sandveld Farmers’ Field day, amongst others.

Barclays Corporate and Investment Banking (CIB) also had a good year and, notably, signed a significant deal with the Overseas Private Investment Corporation (OPIC).

CIB also continues to lead in the Public Sector, and has seen an impressive growth in the last two years.