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Stanbic Bank unveils new executive banking product

What you need to know:

They will also be covered for funeral and life insurance on their transactional accounts and all lending products as well as getting access to interest free short term loans granted within two hours, the bank said in a statement yesterday.

Dar es Salaam. Customers of Stanbic Bank Tanzania who use executive banking service will enjoy an embedded insurance cover in case of retrenchment and permanent disability as part of the improved service that was launched at the weekend.

They will also be covered for funeral and life insurance on their transactional accounts and all lending products as well as getting access to interest free short term loans granted within two hours, the bank said in a statement yesterday.

Speaking during the launch on Saturday, the head of the executive banking Ms Ruth Mwaiselage said the refined offering is aimed to meet the bank’s customers’ requirements.