Standard Chartered Bank Uganda, Vivo Energy partner to unveil first of a kind Digital Banking outlet

Standard Chartered Bank has on Tuesday unveiled its first Digital Banking outlet located at Shell Ntinda in partnership with Vivo Energy.

This launch also marked the fruition of a strategic alliance/partnership between the Bank and VIVO energy Uganda which will see the Bank set up a number of similar outlets at select Shell fuel stations.

The unveiling comes with several offers, benefits and great prizes for various stakeholders who will utilize the outlet.

The CEO Mr. Albert Saltson while welcoming the guests to the launch stated that Standard Chartered Bank is a recognized innovator in the digital space saying; “Innovation is our forte as a Bank as attested by the milestones we have achieved over the years. We believe in making day-to-day banking easier by providing a comprehensive range of digital solutions that meet the various needs of our stakeholders. As the world increasingly goes digital and our clients follow suit, it’s imperative for us as a service business to adapt and move with the trends in order to remain relevant and deliver our aspiration to be the Main Digital Bank for our clients.”

On his part, the Head, Retail Banking Mr. Israel Arinaitwe while delivering his remarks said; “We are investing heavily in technology to improve our efficiency through simple and standardized solutions so we can deliver easy, convenient Banking through whatever channel the client prefers and whenever the client wants it. With the launch of this Digital Banking unit, we give our customers yet another great reason to recommend Standard Chartered Bank to their colleagues, friends, and family.”

This new investment comes on the back of several other digital investments that bank is making following the 2016 announcement that Standard Chartered Bank would invest $1.5bn globally in technology over a period of three years. The Bank is aggressively making digital investments to improve the client banking experience.

The Guest of Honour, The Director Supervision Bank of Uganda Dr. Tumubweine Twinemanzi in his keynote address lauded the Bank saying; “The international footprint and expertise that Standard Chartered Bank has gained over the years enable it to make a tangible difference in supporting its diverse clientele. The Bank has the ability and muscle to navigate the technological and rapidly changing digital landscape. I strongly encourage all the Bank’s clients to exploit the vast local knowledge and international expertise of Standard Chartered Bank for the benefit of their businesses and operations. I commend the Bank for remaining sensitive and responsive to the needs of its clients over the years and for embracing the fast-paced digital era to keep up with the times and trends which are improving our overall banking services in Uganda.” He concluded.

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The Board Chairman, Dr. Robin Kibuka who shared the vote of thanks reiterated the message saying;“We will continue making strategic investments and ensure that this brick and mortar is complemented with investments in technology so as to break barriers of traditional banking. Investments in technology like this digital Banking unit will ensure and guarantee that your bank never closes as they are available to you 24/7.”

Standard Chartered Bank has been able to increase its digital footprint, gain accessibility to various catchment areas and in so doing making banking easier, faster, cost-effective and safer for our clients.