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CfC Sanbic bets big on high net worth customers

BUSINESS
By - | November 30th 2012

By PHILIP MWAKIO

CfC Stanbic Bank has launched a high-end financial services solution that promises to raise the stakes in banking.

Private Clients targets high net worth individuals with investible assets in excess of $1 million.

The Private Clients proposition provides the full spectrum of Investment Solutions, Trust and Fiduciary services, Specialised Lending, Risk Solutions and Transactional Banking products, along with the astute understanding of an experienced, dedicated Relationship Manager.

The service is the first of its kind in Kenya and seeks to take personal banking to a whole new level, providing exclusivity at a time when the focus on increasing customer numbers and raising financial inclusion has created a need for financial services among the wealthy.

Those who take up the offer will benefit from the bank’s linkage of international and domestic capabilities. With an international base of offices and skilled professionals in Kenya, London, Jersey, Isle of Man, Mauritius, Nigeria, Argentina, and South Africa, Private Clients provides an essential international dimension to CfC Stanbic Bank’s Wealth Management Services.

Speaking during the launch of Private Clients, CfC Stanbic Bank Managing Director Greg Brackenridge said: “We want to enhance our franchise by being a leading Global Private Bank focused on providing our High Net Worth clients in and from African markets with services that are tailor-made to their individual needs.

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