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Stanbic, BECI Sign MoU

Cowell Habana. PIC PHATSIMO KAPENG
Cowell Habana. PIC PHATSIMO KAPENG

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.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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