By • Mark Currin | Head: Client Coverage | Standard Bank
As the COVID-19 outbreak continues to take its toll on businesses and the economy at large, Standard Bank remains committed to finding new ways to keep South African businesses going during this critical time.
The Standard Bank Trade Department offers business owners a comprehensive bundle of solutions for business growth.
“Enabling businesses that align with our vision contributes to the growth of our economy and, in turn, the growth of our continent. Regardless of the economic climate, the backbone of businesses that thrive has always been their ability to navigate the ever-changing trade landscape,” said Mark Currin, Standard Bank Client Coverage Head Buffalo City.
Standard Bank Trade clients are introduced to vetted buyers and suppliers around the world.
“Trust in your suppliers and buyers is critical, so we will introduce you to pre-vetted, reputable, reliable and trusted sellers and buyers both locally and internationally. We have a sophisticated algorithm that will match you with relevant businesses that you can connect with to help your business grow,” Mark added.
The platform also provides clients with financial products that help expand their business and mitigate risks. The Standard Bank Trade solution products help by extending cashflow cycle with supply chain finance, facilitating outstanding payments with documentary trade products and navigating international payments.
Standard Bank also partners with clients end-to-end, working with them throughout their trade journey to manage all their banking and logistics needs through a single point of contact. An Executive Trade Partner will proactively ensure that goods arrive on time, in the condition ordered and at the expected price.
By partnering with other experienced players in the trade value chain, Standard Bank has developed tools that calculate comprehensive costings for every unit purchased, while generating predictive timelines for every import.
Mark Currin concluded, “As your trade partner, we are dedicated to helping you and we are all about creating endless possibilities for you and your business”.