StanChart invests $3m in financial training


STANDARD Chartered Bank Zambia chief executive officer Andrew Okai says the bank has invested US$3 million into financial education training since last year to promote financial literacy.
Mr Okai said over 3,000 Zambian youths have since been trained in financial literacy.
He said this on Tuesday in recognition of the bank being named the Best Bank in Zambia’ by two prestigious awarding bodies, Global Finance and the EMEA African Banking Awards.
“We are delighted to be named ‘Best Bank in Zambia’ by not one, but two prestigious awarding bodies in the banking and financial services sector. Both the Global Finance Award and the EMEA African Banking Award demonstrate that Standard Chartered Bank remains the foremost banking institution in Zambia,” Mr Okai said.
Standard Chartered was also recognised for its investment in communities. “These include the annual Women’s BUILD event in collaboration with Habitat for Humanity and which is graced by Zambia’s first lady, the bank’s US$ 3 million investment commitment into preventative blindness; and financial education training for youth programme,” he said.
There are several factors that contributed to the bank scooping the two awards which included the launch of its Standard Chartered Mobile App, and its existing mobile banking applications among others.
Standard Chartered Bank Zambia received its Global Finance award at the 18th Global Finance Annual Best Bank Awards ceremony in Washington DC on October 8 held during the International Monetary Fund and World Bank annual meetings.

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