Standard Chartered has taken the time to explain its digitalisation drive which has seen the bank closing some of its branches countrywide. Stan Chart said they were not leaving the country they had no exit plans, they are just rationalising their distribution channels to match the dynamic market forces, The Herald reports.
Speaking to the publication, Standard Chartered CEO Mr Ralph Watunga said:
We are not going anywhere, we are here for good. As Standard Chartered Bank, we have been in Zimbabwe for over a century and that makes us part of the Zimbabwean story and will make efforts to continue contributing to this economy. We now know what works and what doesn’t
We can only come up with more products and services that enhance convenience and efficiency for our customers as well as play an advisory role that helps them grow, so we are not exiting the Zimbabwe market. This is a programme being implemented across the region (Africa and Middle East)
Standard Chartered is left with 3 branches countrywide. 1 in Avondale, and another one in Bulawayo and its Africa Unit square headquarters.
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