Arusha — THE Standard Chartered Bank Tanzania has announced plans to expand and upgrade its automated teller machines (ATMs) network in strategic locations, including those in Arusha.

"A number of them will be upgraded to embrace latest technology to enable them handle both cash and cheque deposits," said Ms Liz Lloyd, the bank's Chief Executive Officer during the occasion in which Stanchart held meetings with its customers in Arusha Region.

Ms Llyod said her bank would soon open Tanzania's first electronic banking unit under the breeze concept which would enable its customers to enjoy enhanced internet banking services. "We have upgraded our head office branch and a priority banking centre geared towards offering a comfortable and functional banking setting.

We will soon be re-opening these state-of-the-art banking premises," she added. The manager further noted that Standard Chartered was the pioneering financial institution in Tanzania to introduce the banking industry's first ATM machine in the country.

It later introduced the visa electronic debit card and the visa infinite card, as well as the launch of a service concept focused on high net worth individuals known as premium banking, which enabled its customers to experience personalised and convenient banking, web banking services for corporates as well as the supply chain financing product and the Diva account solely for women.