Stanbic Bank Botswana Head of Secured Lending, Wabo Moswate
Stanbic Bank Botswana Head of Secured Lending, Wabo Moswate|Source: Stanbic Bank Botswana
Press Releases (Stanbic Bank Botswana)

Stanbic Bank Fuels Dreams With Haval Motor Holdings Partnership

By Ngaka Sephuma


11 September 2020

GABORONE – In a continued effort to bring convenience and superior value to Batswana, Stanbic Bank Botswana’s Vehicle and Asset Finance (VAF) has signed a partnership with Haval/GWM Motor Holdings. This new development will provide the Bank’s clients with affordable repayments and vehicles.

Said Stanbic Bank Botswana Head of Secured Lending, Wabo Moswate, “As a Bank, we are committed to making a meaningful difference where it matters most. We believe that dreams matter. They are the flames that power the future. That is why we partner with Batswana through their growth journeys, taking uncharted paths, together. Paths that lead to growth. We recognise the immense impact of COVID-19 on our customers, our communities and indeed our Nation. These challenging times have resulted in many dreams being deferred, but with this great partnership, this does not have to be the case. This offering will provide our clients with the opportunity to buy a new vehicle with tailored, affordable instalments.”

The Bank offers Retail VAF, for individuals and the Commercial Asset Finance which supports Business Banking and Corporate clients. The motivation behind the new offering is largely around the growing strength of the Bank’s Vehicle and Asset Financing division, which continues to provide innovative and relevant financial solutions.

“As a Bank, we pride ourselves in living our purpose, Botswana is our home, we drive her growth. We are committed to helping Batswana build their own legacies and turn their dreams into reality. We do this because we recognise that dreams fuel our growth. This offering is yet another example of our unwavering efforts to drive Botswana’s growth and make a meaningful difference where it matters most. We are committed to improving lives. Individuals, families and businesses can now be proud owners of brand-new vehicles, proving that with Stanbic Bank, It Can Be,” concluded Moswate.

Stanbic Bank Botswana has driven VAF solutions for over 20 years, working to ensure a seamless and valued experience for those in need of finance for motor vehicles. The Bank serves as the ideal financial partner, giving existing and potential customers competitive repayment premiums.


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