The bank is building a capital and capability ecosystem that supports small traders, agribusinesses and entrepreneurs, enabled through hassle-free digital bankingAndrew Robertson is Standard Bank’s Business and Commercial Clients Head for East Africa, responsible for client business growth in Kenya, Malawi, Uganda, Tanzania and Zambia. Picture: SUPPLIED/STANDARD BANK
Most East African economies are net importers. While facilitating cross-border trade, Standard Bank can also identify opportunities for local manufacturing. As a result, more local exporters have branded boxes made to order at home, at a fraction of the cost of imported products. In East Africa, BCC’s digital capability is providing a deeper understanding of clients and the ability to remove friction more effectively. Unayo, a platform that provides a broad range of services including cash-in cash-out, payments and more. Any trader, entrepreneur or business can use Unayo - even if they don’t have a formal bank account. All they need is a phone.
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