Stanbic Bank Zambia has launched the Salary Switch Campaign aimed at promoting digital banking and enhancing financial inclusion.
Speaking during the launch, Head of Personal and Private Banking, Eunice Kabila Mundia has highlighted Zambia’s progress in financial innovation, describing Stanbic Bank as one of the country’s leading financial institutions, known for its strong capability, discipline, and forward-thinking solutions.
Ms. Mundia has emphasized the bank’s introduction of a digital loan facility, noting that it is among the first in the country to offer loans of up to K800,000 for various projects, accessible anytime and anywhere through its digital platforms.
She has also revealed that salary advances are now available via mobile banking services, enabling customers to access between K1,500 and K25,000 in under 60 seconds, providing quick and convenient financial support.
Ms. Mundia explains that the Switch & Grow Campaign is designed to encourage salaried individuals to channel their income through bank accounts, thereby bringing more citizens into the formal banking system.
She added that the campaign aims to replace inconvenience with opportunity by offering benefits such as cashback rewards on bill payments and card transactions, as well as improved digital connectivity through smartphone-based banking services.
By Kennedy Likomba
