SME’s urged to get ducks in a row for bank loans

Budding entrepreneurs depend heavily on loans from the banking sector to actualise their business goals, and if successfully actualised, these SME’s can positively contribute to the country’s economy in the long run As such, Standard Bank has committed itself to supporting Namibia’s Small and Medium Enterprises (SMEs) in order to boost Namibia’s economic growth through…

Standard Bank appoints new Head Transactional Products & Liabilities

Standard Bank recently appointed Sumaiyyah Isaacs as the new Head of Transactional Products and Liabilities within the Personal and Business Banking (PBB) Department. In her new role, Isaacs is responsible   for the maximization of the total value of all liabilities in alignment with the specific market needs, establish pricing and perform revenue assurance within PBB.…

Reaping the benefits of mining investments in Namibia

The mining sector contributes 12.5% to the country’s Gross Domestic Product and with an optimistic prediction of it increasing to 15.2% by the year 2022 according to the National Planning Commission it makes it a vital component towards Namibia’s socio-economic development. Speaking to this effect, Johannesburg-based Andre Snyders, who is part of Standard Bank’s research…

Dual currency funding absorbs liquidity shocks in African Real Estate Market

4 April 2017: Funding commercial property developments with a mix of hard and local currency provides an innovative mechanism for Africa’s commercial real estate sector, to mitigate currency volatility and liquidity risk says Standard Bank. Operating across 20 markets in Africa means that Standard Bank is acutely aware of how endemic, persistent and volatile local…