Standard Chartered Bank Botswana has collaborated with Botswana Primary Teacher’s Union (BOPRITU) to empower members with financial solutions.

The two organisations signed the Memorandum of Understanding (MoU) focused on enhancing the long-term financial stability and empowerment of BOPRITU’s 7000 members. Standard Chartered Bank CEO , Mpho Masupe pointed out that they are thrilled to partner with BOPRITU, to not only directly impact the financial well-being of teachers but also of the country.

“We are committed to being an innovative and purposeful financial partner to our communities and supporting Botswana’s Vision 2036 Pillar of ‘Sustainable Economic Development’ and ensuring that we leave no one behind.” He said the bank’s commitment goes beyond financial services and recognises the unique aspirations and needs of communities and empowers them to achieve their dreams.

Speaking during b the signing ceremony, Standard Chartered Bank Head of Consumers, Private and Business Banking, Moses Rutahigwa said the partnership will give BOPRITU members access to the Bank’s diverse retail portfolio through its end-to-end digital platform and the SC Mobile App that has over 70 services that members can enjoy from the comfort of their own homes. “Members will also have access to Personal Loans, various savings and investment options as well as Mortgage solutions.”

He said the bank’s long-term strategy involves investment into technology and strengthening its partnerships in the market. “This partnership exemplifies how we are acting on that strategy by catering to our customer’s unique needs and empowering them through innovative and inclusionary means.” For his part, BOPRITU President, Othusitse Molebatsi said they are entering into the partnership with great enthusiasm.

“This collaboration speaks to our unwavering commitment to bettering the lives of our teachers, by providing them with the necessary financial tools and resources, we are collectively empowering our educators to create brighter futures," he concluded.