Nairobi — Stanbic Bank Kenya has unveiled a strengthened strategy to support the country's tea industry through tailored financial products, digital platforms, and strategic partnerships aimed at boosting efficiency and farmer earnings.
The bank's Tea Proposition seeks to address supply chain bottlenecks, access to finance, and capacity-building for farmers and other stakeholders in the tea value chain.
"We work with farmers to expand their earning potential within and beyond the region," said Florence Wanja, Head of Business and Commercial Banking.
A key innovation is the Electronic Billboard (EBB), developed in partnership with the East Africa Tea Trade Association, to enable real-time electronic payments at the tea auction.
Stanbic has also deployed OneFarm, a data-driven agribusiness platform that links farmers with markets and optimizes supply chains.
"Our integrated approach is reshaping agriculture's contribution to African economies," said Wanja, adding that the bank's commitment to inclusive growth is anchored in technology-enabled, farmer-focused solutions.
By Felix Kipkirui
