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Stanbic targets diaspora market

NewsDay Staff ·

Stanbic targets diaspora market

BY BUSINESS REPORTER
STANBIC Bank says it plans to lure Zimbabweans in the diaspora to fund construction of houses under a tailor-made mortgage facility.

The facility called “Diaspora Home Loans” is part of a wider mortgage finance plan by the bank, whose goal is to ensure that Zimbabweans at home and abroad have access to better housing.

On Wednesday, Stanbic Bank Zimbabwe’s head of client solutions Tich Zuze said the lending institution was committed to  ensuring that Zimbabweans in the diaspora build or purchase houses back home.

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