In a continuation of its charitable efforts as part of the Bank’s 20th anniversary celebrations this year, Stanbic Bank Maun Branch will be donating a vegetable garden worth P20, 000.00 to Moremi Primary School in Maun on 10th November 2012.

Stanbic Bank Maun branch staff members have established a vegetable garden with total of 50 plots, 42 of which are allocated to the students and remaining 8 plots for Stanbic Bank staff and the school teachers.  The allocation of plots to staff is a testament to the Stanbic Bank team’s promise to play an increasingly more proactive role in terms of staff involvement and commitment to the local community.

The vegetable garden project’s objective is to give the students at Moremi Primary School vegetable production practice, feed the students from the harvest as well as to sell surplus harvest in order to raise funds for meeting their other needs. Amongst the crops to be harvested are spinach, carrots and maize, which will add to the food supplies the school receives from the council.

Moremi Primary School is a residential primary school which also accomodates children with various disabilities. It currently has special class of 42 pupils with disabilities who are in different vocational levels.

Head of Public Sector at Stanbic Bank, Scholar Puso said – “It is heartbreaking to realise that many of these children cannot comprehend academic work due to their inability to reason and absorb academic material. I am glad that our Maun Branch staff members have committed to empower these children by developing this vegetable garden.  We believe this donation will give the children a chance to practice what they learn in class and even use these vegetable production skills to sustain themselves in future.”

“In the 20 years that Stanbic Bank has been a part of Botswana, our sense of pride and commitment to the communities we operate in has increased significantly. We recently donated at jungle gym to Ratsie Primary School in Palapye to afford the children the necessary physical training and social interactive skills.  As we look forward to the many years ahead, we also look forward to increasing our dedication to those around us. The children of Moremi Primary School are just one example of Stanbic Bank’s unwavering dedication towards moving Batswana forward and helping to cultivate a stronger and more empowered community,” said Stanbic Bank Public Relations Manager, Ruth Modisane.

For more information contact:

Taazima Kala, HOTWIRE PRC, taazima@hotwireprc.com, +267 3923579

OR

Ruth Modisane, Public Relations Manager, modisaner@stanbic.com, +267 3618230

Notes to Editors:

Stanbic Bank Botswana is a member of Standard Bank Group. Standard Bank Group is the largest African bank by assets and earnings. We aim to build the leading African financial services organisation using all our competitive advantages to the full. We will focus on delivering superior sustainable shareholder value by serving the needs of our customers through first-class, on-the-ground operations in chosen countries in Africa. We will also connect other selected emerging markets to Africa and to each other, applying our sector expertise, particularly in natural resources, globally. We operate in 17 countries on the African continent, including South Africa, and 13 countries outside Africa with an emerging market focus.

Standard Bank has a 150 year history in South Africa and started building a franchise outside southern Africa in the early 1990s. In recent years, Standard Bank has concluded key acquisitions on the African continent in Kenya and Nigeria. Africa is at our core and we will continue to build first-class on-the-ground banks.

The group has more than 1 000 branches on the African continent and representation in key global financial centres.

The group’s 53 000 employees across all regions deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.  Standard Bank’s Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other.

It has specific global sectoral expertise, particularly in natural resources, with value propositions in: mining and metals; oil and gas; power and infrastructure; and telecoms and media. Standard Bank Group had total assets of over ZAR1 379-billion (about US$203 billion) at 30 June 2011. Standard Bank’s market capitalisation at 30 June 2011 was ZAR159 billion (about US$23 billion).

The group’s largest shareholder is Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

Standard Bank Plc in London is authorised and regulated by the Financial Services Authority, and is a member of the London Stock Exchange, the London Bullion Market Association, the London Metal Exchange, the London Platinum and Palladium Market and the New York Mercantile Exchange (COMEX Division).