Stanbic Bank Botswana strives to promote overall physical and financial health with their recent sponsoring of the second annual Matshelo 5 Aside Tournament. The tourney which has attracted more 22 male and 7 female teams, will be held at the Stanbic Bank Super5s Football Centre at Molapo Crossing from 7am to 5pm.
The Matshelo 5 Aside Tournament is an all-day football competition that challenged local social groups and football enthusiasts to put their skills to the test. The tournament caters for groups and teams that have Matshelo Savings Account with Stanbic Bank with an opening balance of P500. The competition will see the winners walking away with P10,000 each, P5,000 and P2,000 for second and third positions respectively.
Said Head of Products at Stanbic Bank Botswana, Wabo Moswate, “As Stanbic Bank, we are happy to be hosting this year’s second annual Matshelo 5 Aside Tournament. Social soccer has become a norm in social circles around the country and we look forward to hosting what we anticipate to be an exceptional tourney. This platform allows us to promote both physical and financial health as well promote a culture of saving in Batswana“.
Matshelo Savings is a group savings product that is designed for people who wish to save together as an informal group or are already part of a registered society. The product offers its customers an instant access to funds, no management fees, free SMS alerts for up to 5 members of the group, free interim bank statements, competitive Interest rates, access to other bank investment solutions, automatic entry into monthly society scheme savers draws and an access to affordable funeral benefit covers.
“Social and sporting clubs continue to open Matshelo Savings Accounts to save their money and we believe this tournament will encourage other social groups to consider group saving. Our commitment to financial education continues to encourage Batswana to save is backed by tournament such as this and our four financial literacy modules which covers; personal finances, money & banking, saving and investing, business finance as well as the ongoing Better My Lebotha radio show on Yarona FM every Tuesday at 6h30,” concluded Mr. Moswate.