Business

Stanchart pledges digital promotion

CYNTHIA MWALE, Lusaka
AS STANDARD Chartered commemorates its 110th year, its celebration comes with scooping the “Best Global Consumer Digital Bank” award for six consecutive years and promises further development in information and communications technology (ICTs).
This was announced at the Global Finance’s annual World’s Best Digital Bank Awards in London last week where the bank also bagged the four categories, edging out 261 other banks, according to a statement issued by Standard Chartered Bank head of corporate affairs Christine Matambo yesterday.
The bank also picked up awards for Best Global Consumer Mobile Banking, Best Global Consumer Mobile Banking App, Best Global Information Security Initiatives and Best Consumer Digital Bank Middle East and Africa.
Last year, Standard Chartered announced that it will invest US$1.5 billion in technology over three years and the wins reflect the bank’s commitment to deliver the latest in digital banking innovation to its clients across Asia, Africa and the Middle East.
Commenting on the achievement, Standard Bank chief executive for retail banking Karen Fawcett said, “These wins represent welcome recognition of our standing in the industry and the progress we are making with our digital agenda.”
For Zambia, Standard Chartered Bank was named ‘Best Bank in Zambia’ by Global Finance. This means Standard Chartered has won two ‘Best Bank in Zambia’ awards thus far in 2016, including the EMEA African Banking and Finance ‘Best Bank in Zambia’ award. In addition, Standard Chartered won ‘Employer of the Year’ awards in Banking and Finance by the Zambia Federation of Employers (ZFE).


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