Stanbic, BECI Sign MoU :: Mmegi Online

Stanbic Bank Botswana has signed a Memorandum of Understanding (MoU) with the Botswana Export Credit Insurance (BECI) that will result in joint export development seminars for SMMEs, guarantee cover facilities as well as enhance product offering through credit insurance.

The partnership will also offer credit insurance, and provide an opportunity to connect companies supporting the importation and exportation of goods and services into and out of the country. It will also provide transactional and digital banking solutions designed for SMMEs, business banking and wholesale banking clients, and the ease of doing business with China through the Africa China Banking proposition.

Speaking during the launch, Stanbic Bank Botswana head of wholesale clients segment, Sheperd Aisam pointed to the need to create innovative Public-Private Partnerships and programmes in order to diversify the economy and cement growth.

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