Stanbic Bank Tanzania: Launch of CNY Settlement Capabilities

Creative Campaigns Banking & Finance

Trade with China, minus the detour.

Stanbic Bank Tanzania · Launch of CNY Settlement Capabilities

The challenge

As trade between Tanzania and China grows, settling in USD exposes businesses to extra conversion costs, volatility and cash-flow pressure.

The idea

Stanbic needed to bring an alternative into the conversation and position RMB settlement as the smarter way to do business with China.

The work

Stanbic Bank Tanzania work
Stanbic Bank Tanzania work
Stanbic Bank Tanzania work

The results

85

corporate clients onboarded in 12 weeks

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