Stanbic plans to go fully digital

Stanbic’s head of channels for Africa, Adrian Vermooten said this when addressing customers at the Francistown wine tasting festival that was held at Roots of Africa here recently. He said the bank planned to invest in digital technology across its entire business to win new business, make its operation more efficient and offer new products.

Vermooten said Stanbic also planned to introduce the use of technology in their bank with the focus of taking banking to the comfort of people’s homes. He said the bank recently changed its core banking systems to improve efficiency and streamline processes, but wanted to continue to make things easier for their customers. “We want everything to be convenient as much as possible. The idea is to have rich functionality of services, speed up how we handle cash, avoid long queues to create enough space within the bank,” he said.