Stanbic Bank promotes business growth with Tailored Financial Solutions at the 4th Mining Local Content Forum
MWANZA: Stanbic Bank Tanzania has participated in the 4th Mining Local Content Compliance Forum in Mwanza and reaffirmed its commitment to powering local enterprise growth through tailored financial solutions that meet the evolving needs of the mining value chain.
The bank showcased a range of innovative offerings including Vehicle and Asset Financing (VAF), Alternative Energy Financing, and Working Capital solutions through Contract Financing, with a focus on domestic products linked to key anchor clients in the mining ecosystem.
Speaking during the event, Senior Relationship Manager, Minerals and Metals at Stanbic Bank, Mollen Charles emphasized the bank’s longstanding commitment to local development.
“We are here to support Tanzanian businesses by providing simple, scalable, and sector-specific financial solutions. Whether it’s acquiring equipment through Vehicle Asset Financing (VAF), adopting clean energy, or bridging cashflow through contract financing, we’re committed to enabling long-term, inclusive growth,” he noted.
ALSO READ: Stanbic bank reaffirms commitment to inclusive development at CSO WEEK 2025
As Stanbic Bank marks 30 years of impact in Tanzania, its participation at the forum underscores its continued role in advancing the country’s development agenda.
“Tanzania is our home, we drive her growth,” remains the bank’s guiding philosophy as it supports businesses across sectors to thrive and expand.
Stanbic Bank continues to position itself as a trusted partner for businesses in the mining sector and beyond, aligned with the national agenda of increasing local participation and economic empowerment.
