, Huawei and Standard Bank South Africa signed a strategic cooperation agreement, to accelerate digital transformation of the financial sector and enhance South Africa's ability to continue growing its digital industries.Jason Cao, CEO of Huawei Digital Finance BU, spoke about the established relationship between Huawei and SBSA, Africa's leading bank, in several countries. He said,"We are signing an agreement for the future because we share a common goal of achieving excellence.
Speaking at this event Will Meng, CEO of Huawei South Africa said,"the synergies between our organisations will pave the way for innovative solutions and sustainable growth. By integrating Huawei's cutting-edge technology with Standard Bank's robust financial services, we are poised to offer seamless and secure digital banking experiences to tens of millions of customers. This partnership is not just about increasing sales but creating flourishing digital industries across Africa.
Molabe said the agreement will succeed because it is based on values of, “mutual benefit, open communication, support for each other's interests and most importantly, long-term planning. We are already using Huawei’s award-winning storage technology in South Africa, Lesotho, Eswatini, Malawi, and Zambia,” he added.
Huawei leverages leading innovative technologies and draws on its extensive expertise to help customers succeed through open collaboration with financial institutions and ecosystem partners, always looking for new ways to create value for our customers.
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