Standard Bank is proud to have successfully partnered with the Namibian Government on its second Eurobond issuance in the international capital markets which closed on 29th October 2015. Standard Bank acted as a Joint Lead Manager and Bookrunner on the transaction. The US$750m, 10 year transaction, issued in 144A / Reg S format was tightly priced at a yield of 5.375%. The notes were rated Baa3 and BBB- by Moody’s and Fitch respectively.
With a financial backing of N$150 000, Standard Bank joined the rest of the continent in commemorating Africa Day celebrations which was held on the 25th of May 2015. This year’s commemoration marks the 54th anniversary of the African Union.
On 6 June 2016 Standard Bank launched its 2015 Sustainability Report.
It is often said that if you empower a woman, you empower a nation as the benefits are felt throughout the whole community. Standard Bank supports the development, empowerment and recognition of women in all sectors of society. As such, the Bank has committed itself to contributing financially towards the Namibian Women of Excellence project through the Miss Namibia Pageant.
Standard Bank Namibia’s Corporate and Investment Banking (CIB) Department hosted a networking event for the Chinese business community held in Swakopmund on 1 April 2015. This event took place a day after the well-attended budget review session at the Windhoek Country Club resort and Casino; an event traditionally held immediately after the Budget Speech.
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