Opens branch in Afungi

Standard Bank recently opened a new branch in the town of Quitunda, Palma district, in Cabo Delgado province. Among several benefits, the new agency opened in partnership with the Mozambique LNG project, operated by TotalEnergies, as part of its “Pamoja Tunaweza” (Juntos Somos Capazes) initiative, which aims to support community development initiatives, and will contribute to meeting the specific needs of the population in the Afungi region while boosting development of the province in general.

 In addition to supporting the participation of local companies in the projects installed there, the new Standard Bank branch will significantly contribute to the ongoing reconstruction process and to the return of populations to their places of origin. The new facility will also contribute to the acceleration of the process of the local population joining banking institutions and to raising the levels of financial education and inclusion of the residents of Afungi and Quitunda, providing them with a safe place to store their savings. The new branch is equipped with state-of-the-art technology and ATMs and has several cashiers to attend to the public in a space which provides greater convenience and comfort to customers. The opening of the Quitunda branch is part of Standard Bank’s business strategy of being ever closer to its customers, serving them with rigor and excellence.