DBN calls for SMEs to borrow responsibly

The Development Bank of Namibia has warned the Small and Medium Enterprises (SMEs) to be careful when borrowing for effective assets and operations, as the economy begins to improve. A media statement issued by DBN’s Head of Marketing and Corporate Communications, Jerome Mutumba, here on Monday said responsible borrowing takes into account the financing needs…

Standard Bank launches Top 8 Cup

The MTC Namibia Premier League (NPL) on Thursday received a timely boost when Standard Bank Namibia launched a top eight competition for the next three years. The tournament will be known as the Standard Bank Top 8 Cup and will see the winners walking away with N.dollars 500 000, while the runners up will receive…

Standard Bank rewards customers with free access to VIP Airport lounges

Standard Bank Namibia together with partner MasterCard on Thursday launched the Lounge Key programme, which allows the bank’s Private Banking and Prestige Banking customers, free access to 850 VIP lounges at international airports across the world, including Eros Airport. For decades, Namibians associate a MasterCard with Standard Bank. MasterCard have been a trusted partner for…

Bank Windhoek issues first Green Bond

Bank Windhoek, a wholly Namibian-owned commercial bank, reached a milestone on Wednesday, 5 December 2018 when it announced the successful issuance of Namibia’s first Green Bond. This achievement positions Bank Windhoek as the first commercial Bank to issue a Green Bond not only domestically but across the Southern African region. The Green Bond is listed…