Q FM Africa's Modern Radio
Stanbic Bank Chief Executive Charles Mudiwa
Stanbic Bank Zambia has pledged its support for the nation’s local suppliers.
The bank has committed to working closely with local suppliers to harness and realize business opportunities in order to achieve their business goals.
Speaking at a suppliers’ cocktail, Stanbic Bank Chief Executive Charles Mudiwa has called for professionalism among suppliers in meeting their contractual obligation by providing high quality goods and services to the bank’s clients.
Mr. Mudiwa says the bank is keen to develop long-term partnerships with its suppliers by creating an environment which is beneficial to both Stanbic and its suppliers.
He says in Africa, Standard Bank Group, of which Stanbic is a member, employs 55,000 people, in 20 countries in Africa, and this presents opportunities for local suppliers to tap into its regional and global network to supply goods and services outside of Zambia’s borders.
He says Stanbic Bank is also playing a more active role in providing access to finance for local suppliers, thereby increasing their capacity to fulfill contractual obligations to supply projects and thus creating more opportunities for investment that will ultimately result in more employment generation as well as spill over economic benefits to the community.
He adds that apart from providing access to finance, Stanbic also provides requisite expertise to all its suppliers in order to manage risks effectively, and provide them an opportunity to grow their investments.