Stanbic Bank has created a new line of business that will see it put a range of its financial services accessible under one roof.
The new business unit dubbed, wealth will be accompanied by a financial literacy programme aimed at increasing the bank’s uptake of the over 150 products amid a customised market.
It is expected this will boost the wealth portfolio of the bank’s parent institution, Standard Bank Group, which stood at $134 billion (Sh13.5 trillion) as at December 2016.
The new unit will see Stanbic and its subsidiaries among them Liberty Life and Heritage Insurance provide financial services under one roof.
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