As a key to economic empowerment and development in rural and urban areas, Standard Trust Bank has the objectives to instill the culture of savings and soft loan facility .

This is being carried out by a systematic approach to ensure the re- orientation of the rural dwellers and individuals.

Our overall objective is to improve the economic well being of the low-income people of selected communities, through systematic process of rapid participator community, assessment, group formation, Micro Enterprises development, Micro Credit Scheme and on site technical assistance, offering loans at rates sufficient eventually to cover the full cost of efficient lending on a sustainable basis.

Specially, our branch development programmes is intended to:

  • Provide access to Micro Credit aimed at encouraging the development of rural based micro enterprise within our target market.
  • Identify existing community based groups as well as form and initiate new ones;
  • Enhance basic entrepreneurial behavior and develop enterprise management skills;
  • Promote rural service mobilization and efficient management of revolving loan fund;
  • Provide the necessary knowledge, skills and techniques for efficient micro enterprise record keeping.