Econet-owned TN Bank Now officially Steward Bank


By Richard Kaseke – It is now official. TN Bank, now a wholly Econet Wireless Zimbabwe owned entity is has now been officially branded to ‘Steward Bank’.

The purple-brand Steward bank which will run on the slogan ‘Your Money, Our commitment’ comes to Zimbabwe after Econet Wireless managed to secure the remaining 55% of the bank’s stakeholding, an acquisition which began in July 2012 when Econet Wireless acquired a 45% chunk of the entity.

As explained by the CEO, Mr Kwanele Ngwenya, the name Steward Bank stems from reference to a Steward who is a ‘guardian, an overseer, one who commits to administering, managing and protecting.’

‘We are building a solid, reliable and competitive bank bench-marked against international best practice. I am proud to say that we think globally and act locally,’ says Mr Ngwenya.