Stanbic Zimbabwe ready to support farmers during tobacco selling season


Harare (New Ziana-As the tobacco selling season draws near, leading financial services provider Stanbic Bank Zimbabwe has announced its readiness to support farmers with the necessary financial solutions.

Stanbic Bank head of agribusiness, Tawanda Maposah, said the institution was committed to promoting agriculture and had put in place measures to ensure that farmers had access to the necessary financial resources.

“We understand the importance of agriculture to the country’s economy, and we are committed to supporting the sector in every way possible,” he said.

“Our crop financing and payment solutions are designed to meet the unique needs of farmers, and we have a team of experts who understand the sector and can provide tailored financial advice to our clients.”

Maposah said while the availability of United States dollars had been a major challenge for farmers in Zimbabwe, Stanbic Bank was well resourced to meet the cash needs of the farmers.

He said Stanbic Bank’s commitment to promoting agriculture and its investment in technology made it an ideal financial partner for farmers.

“We are proud to be a partner to Zimbabwe’s farming community, and we will continue to provide innovative financial solutions that meet their unique needs,” said Maposah.

Stanbic head of consumer and high net worth clients Nelson Muhau said the institution recognised that farmers needed cash to buy agricultural inputs and to pay for labour so it had ensured that its branches had sufficient cash to meet their needs.

“We are ready to serve our customers through our branch network and 10 implants at the various floors. We have also made it easy for farmers to access their funds through our digital platforms, such as our mobile banking app and online banking,” he said.

He said Stanbic Zimbabwe had invested heavily in technology to ensure that its customers, including farmers, had access to efficient and convenient banking services.

Stanbic Bank’s digital platforms allow farmers to access their accounts, perform transactions, and apply for loans from the comfort of their homes.

Stanbic Zimbabwe is a subsidiary of Standard Bank Group, one of Africa’s largest financial services organizations. It has been operating in Zimbabwe for over 30 years, providing financial solutions to individuals, businesses, and corporates.

The bank has a strong presence in the agricultural sector, supporting farmers through various financing products, including crop financing and equipment leasing.

New Ziana

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