With Standard Bank’s Smart App customers enjoy the benefits of a single Standard Bank ID that gives them access to banking, borrowing, savings, investments, insurance and online share trading.
On 6 June 2016 Standard Bank launched its 2015 Sustainability Report.
There have been significant corporate governance and regulatory developments, locally and internationally, since King III was issued in 2009 and this was the main reason behind the decision of the King Committee on Corporate Governance to introduce a revised Code.
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.
This notice serves to inform the public of the Reduction of the Item Limit for Cheque Payments within the National Payment System from the current N$500,000 (five hundred thousand Namibia Dollars) to N$100,000 (hundred thousand Namibia Dollars) effective 1st of February 2016.
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.