StanChart unveils partnership to build SMEs capacity

Standard Chartered has launched a partnership that will see the lender provide entrepreneurship and financial education skills to Small and Medium Enterprise.

The bank unveiled a Recognition Programme for its clients in the Business Banking segment that will be run in conjunction with Kenya Association of Manufacturers (KAM), Kenya Investment Authority (KenInvest) and Strathmore Business School.

“Through our partnership with Strathmore, our Business Banking clients will attend training and workshops equipping them with skills needed to grow business,” said Mr David Idoru, Head of Retail Banking Standard Chartered Bank.

Mr Idoru said through KAM, clients will have access to a series of advisory workshops addressing topical issues facing the SME sector and be able to leverage the Association’s strong networks in the manufacturing industry.

Further, the partnership with Kenya Investment Authority will enable the lender’s clients to enjoy access to local and international trade corridors.

Idoru said the Programme will be instrumental in closing the knowledge & skills gaps facing SMEs. The bank’s clients will enjoy up to 20 per cent discount when enrolling for entrepreneurship courses partners.