Stanbic Bank Uganda on Wednesday launched a new wealth value proposition dedicated to offering a complete range of financial services including life and general insurance, investments, health solutions and international products for individual and business clients.
This proposition is dedicated to serving the bank’s growing personal and business banking, as well as corporate and Investment Banking client base.
Speaking during the launch, Stanbic Bank’s chief executive, Patrick Mweheire said: “Wealth is not only for the wealthy – it is for everyone. This is the reason we are integrating wealth across our range of financial services so that we can offer universal banking and financial services solutions more holistically and seamlessly from a single point of contact. We have the expertise, people, network of partners and capability to offer our clients an unmatched experience and one solution for all their on and offshore financial planning needs.”
In delivering the wealth proposition, the new division will leverage on the capabilities of Stanbic Bank Uganda as well as the strategic partnership with Liberty Group, according to the Bank’s statement.
The managing director of Liberty Life, Joseph Almeida, said: “This partnership enables us to deliver a superior, enhanced and innovative value proposition to our customers that take care of all their financial services needs. The one-stop shop facilitates us to analyse, assess and advise clients efficiently based on their individual needs.”
As part of the wealth offering, Stanbic Bank Uganda has also launched a high net worth proposition called wealth and investment. This provides the full spectrum of investment solutions, trust and fiduciary services, specialised lending, risk solutions and transactional banking products, along with the astute understanding of an experienced and dedicated relationship manager.
The bank’s wealth and investment manager Bernice Mvano said: “Exceptional service, individual attention and absolute discretion are at the core of our value proposition. We aim to provide tailor made solutions that reflect our clients’ appetite for risk and factor in their life stage, family, professional position, business needs, and the legacy they wish to leave for the next generation.”