ABOUT SWAZIBANK

 Overview

SWAZILAND Development & Savings Bank, known as SwaziBank, is a development finance institution.

It was established in 1965 by the late King Sobhuza II in an effort to finance development projects, mainly smallholder farmers and low cost housing.

The bank was mandated by its shareholder – the Government of Swaziland – to be a development bank and at the same time be a commercial entity.

SwaziBank has become a major player in the financial sector and continues to generate profits despite the highly risky mandate it has to adhere to.

Since the bank was re-launched in 2001 under a new Managing Director, it has grown from strength to strength with assets reaching the E1.3 billion mark compared to just E300 million in 2000.

On its success path, SwaziBank has been recognized significantly in the corporate world and been able to annex several awards.

The awards conferred on the bank to date are as follows;

 Euromoney Award 2005 -  Best Bank in Swaziland.

  African Banker Awards 2007 - Gender Sensitivity Award

  Professional Management Review (PMR) Africa 2007: Silver Award-Best Development Agency and Second Best Bank in Swaziland.

  International Arch of Europe Award 2008: Gold Award – Quality Leadership: Technology And Innovation.

  2008: PMR Golden Arrow Award in the Financial Institutions (Business Development) in Swaziland and a Bronze Award in the Business Sector: Banks in Swaziland.

  2009: Century International Platinum Quality Era Award in the realm of Customer Satisfaction, Leadership, Strategic Planning and Benchmarking.

  2009: PMR Gold Award: Best Development Finance Institution in Swaziland.

  2009: PMR Silver Award: Being in Top 3 Commercial banks in Swaziland.

 Furthermore, the bank’s Managing Director, Stanley Matsebula, has received personal awards for his input in turning the bank around since his appointment in December 2000.

 Matsebula, during his tenure at SwaziBank, has received the following awards:           2008: PMR Diamond Arrow Award: Highest rated official in the category known as “Business Persons Deserving Special Recognition for Outstanding Service and Contribution over The Past 12 Months”.

SwaziBank has nine (9) branches across the country and auto teller machines (ATMs) for ease of cash transactions.

 The branches are Mbabane (main and commercial), Matsapha, Manzini, Pigg’s Peak, Simunye, Matata, Nhlangano and Siteki.

 The bank offers numerous products such as Savings Accounts, Investment Accounts, Corporate Accounts, VIP Accounts, Housing Loan facility, vehicle finance, business loans and foreign exchange.

 The bank, as a truly Swazi financial institution, is a socially responsible corporate citizen that ploughs back to the nation. The Bank invests millions of Emalangeni annually in its social responsibility programme.

 The bank sponsors the prestigious annual knock-out tournament known as the SwaziBank Cup. The tournament sponsorship has increased from SZL500, 000 in 2004 to SZL1.5 million in 2009 and will be another SZL1.5 million in 2010.

 The bank also sponsors the annual Schools Choral Music Competition. The sponsorship has significantly increased from SZL50, 000 in 2005 to SZL120, 000 in 2009.

 SwaziBank’s social responsibility programme does not end there. It also contributes towards noble initiatives aimed at improving the lives of the nation.

 The bank has contributed towards construction of schools, churches, important workshops and conferences, entertainment events, etc.

 The Managing Director also participates as guest speaker in local schools speech and prize giving days where he delivers motivational speeches and donates money on behalf of the bank.

 Vision

To be the first choice provider of world class financial services, nationally and beyond.

 Mission

To continuously exceed customer expectations through:

     The provision of excellent and competitive financial products and management services

      The offer of unique memorable experiences

      The professional management and administration of funded projects

 Core Values

          World class service

     World class quality

     Speed: on time – every time

     Ethics

     Passion