Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit



Share knowledge. Ask questions. Find answers.

Community blog

Read our latest news and views and get to know us better

Stanbic Zambia Donates Ventilators for Covid-19 Fight
Community Coordinator




LUSAKA, ZAMBIA – Stanbic Bank Zambia has donated three state-of-the-art ventilators worth US$31,500 (ZMW 504,000) to the Ministry of Health to assist in treating COVID-19 patients.

Stanbic Bank Chief Executive Officer Leina Gabaraane said the unprecedented outbreak required nothing less than full commitment from all stakeholders if the country was to have any chance of defeating the virus.

He noted that government had so far done a remarkable job in limiting the spread of the virus through various interventions, adding that Stanbic was prepared to play its part in supplementing government’s efforts to fight the pandemic.


He said: “In this very difficult time of uncertainty, I wish to express our unrelenting commitment towards ensuring our clients, and of course the general public are safe and that their wellbeing is a key priority for us.

“As a good corporate citizen of the Republic of Zambia we fully endorse all measures taken by government and will consequently ensure that we fully abide with all the measures as stipulated by the Statutory Instrument (SI) No 21 and 22 of 2020.

“Containing the virus is not government’s responsibility alone; we must all play our part because Zambia is our home, we must fight for her health, and drive her growth.”

It is in this light that Stanbic has increased its contribution to this fight by donating three modern ventilators to the Ministry of Health to help increase their capacity to provide effective treatment to patients.

Its donation to the ministry notwithstanding, Stanbic Bank has been one of the leading voices among financial institutions providing practical advice and solutions to help local businesses survive the negative effects the pandemic has caused. 


The bank boss explained that Stanbic’s support was not only directed at government but that it had also put in place support measures to help businesses of all sizes stay afloat until the pandemic passed.

“We are alive to the financial and economic stress that will result from this global pandemic. As the leading bank in Zambia we note our responsibility of playing a significant part towards ensuring that we help support our clients during this time wherever possible,” Mr Gabaraane said.


“We urge the public and businesses to engage with us and let us jointly work out how we can support you. We all have a collective responsibility of ensuring that we slow down the spread of this virus by observing the Government’s laid down measures and ensuring we limit the damage to our economy as much as possible.

“The quicker we all overcome the pandemic the better for us all and this we can achieve by working together.”