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Stanbic Bank to deploy more technology as it clocks 20

Stanbic Bank Ghana is set to use technology to bring financial services closer to its customers.

This is part of the bank’s digital banking strategy to leverage on new and evolving technologies to facilitate access to everyday financial services for consumers.

Managing Director of Stanbic Bank Ghana, Alhassan Andani disclosed this at the launch of their 20th anniversary celebration in Accra.

He said they are working to be a highly digitalized bank to enable customers execute a variety of real-time financial transactions including funds transfers, check balance, get mini statements and many others.

“In the next five to ten years, Stanbic will be a highly digitally driven financial services organization. We give you a one-stop shop for a total customer fulfillment” Mr. Andani added.

He also expressed gratitude to the forebears of Standard Bank Group and also to shareholders of the bank.

“The 20 years journey of Stanbic Bank Ghana has truly been the story of the patience of our shareholders, the loyalty of our customers and the hard work of our staff” Mr. Andani said.

For his part, the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has praised Stanbic Bank for its professionalism and adherence to industry best practices.

According to him, Stanbic Bank has since December 1999 demonstrated a strong sense of professionalism and has become one of the leading banks in Ghana.

“These commendable achievements over the last two decades are really impressive,” he stated.

Dr. Addison said they expect the Standard Group and Stanbic Bank to work creditably to impact lives and play a key role in regional economic development across Africa.

About Stanbic Bank

Stanbic Bank, a subsidiary of the Standard Bank Group, was incorporated in Ghana in 1999.

The incorporation follows the acquisition of majority shares in Union Mortgage Bank Limited by the Standard Bank Group.

Stanbic Bank has about 40 branches spread across the country; over 100 ATMs and ranked among the top five banks in Ghana.


Its total assets as at end of 2018 was GH¢ 6.21 billion.

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