Executives from Wealth International and international private banking, part of the Standard Bank Group, recently visited Mozambique. The visit was part of a series of trips to various African countries to promote its ‘Offshore’ offer. This service consists of the provision of international banking services by entities located outside the clients’ country of residence, as reported by the newspaper Verdade.
According to the information, the ‘Offshore’ services are mainly aimed at encouraging investment diversification, providing clients of the financial system with additional alternatives to increase profitability and protect their assets. During the presentation, Nálcira Cássimo, head of Private Banking and executive at Standard Bank Moçambique, stressed that this initiative marks a significant point in the institution’s evolution, intensifying its commitment to offering new exclusive and personalised financial services.
The head of Private Banking emphasised the uniqueness and complexity of clients’ aspirations, explaining that the bank’s offer goes beyond merely providing financial solutions, encompassing a solid partnership based on trust. Nálcira Cássimo also emphasised that the ‘Offshore’ offer is not restricted to investments. It also encompasses fiduciary services, enabling the creation of structured products for the protection of assets, guaranteeing their succession and passing on the legacy to future generations.
In addition, through Offshore, it is possible to benefit from a variety of financial products, such as bank accounts for various purposes, including saving for children’s studies abroad, thus ensuring an education of universal standards.
Joining Standard Bank’s vast ‘Offshore’ offer is conditional on compliance with the relevant legislation, both nationally and in the country of investment. Preceding this initiative, the bank offered its customers a wine tasting experience, called ‘Wine Pairing’, as part of its strategy of getting closer and strengthening relations with customers, with the aim of recognising their role in the growth of the bank and the country in general.