Standard Bank Namibia opens 59th branch
An increase in business, livestock and crop farming activities in the area convinced the group to invest in a branch at Okongo.
Standard Bank Namibia invested about N$4.6 million in the establishment of a branch at Okongo in the Ohangwena Region.
The branch was officially opened on Wednesday.
The chief executive officer of Standard Bank Namibia, Vetumbuavi Mungunda, said an increase in business, livestock and crop farming activities in the area convinced the group to invest in a branch at Okongo.
The opening of the latest branch brings Standard Bank Namibia’s total branches throughout the country to 59. New branches were also opened at Ruacana, Eenhana, Henties Bay and Mondesa last year.
Mungunda said the Okongo branch is part of the group’s project aimed at enhancing customer-facing facilities. This includes the refurbishing of several branches at Omuthiya, Otjiwarongo, Khorixas, Rehoboth, Grootfontein and Oniipa.
“Opening a new branch has a multiplier effect for the community in that it ultimately generates employment, brings a variety of banking services to clients, improves service efficiency for customers as well as reduces unnecessary travelling costs. We strive to operate in a customer-driven environment, where it is all about meeting our customer’s financial needs,” Mungunda said.
The governor of the Ohangwena Region, Usko Nghaamwa, officially opened the Okongo branch.
Nghaamwa said he started banking with Standard Bank in 1962, when he saved 50c at the bank’s branch at Otavi.
The Okongo branch is manned by five staff members and headed by Frieda Itana. – Own report and Nampa
The branch was officially opened on Wednesday.
The chief executive officer of Standard Bank Namibia, Vetumbuavi Mungunda, said an increase in business, livestock and crop farming activities in the area convinced the group to invest in a branch at Okongo.
The opening of the latest branch brings Standard Bank Namibia’s total branches throughout the country to 59. New branches were also opened at Ruacana, Eenhana, Henties Bay and Mondesa last year.
Mungunda said the Okongo branch is part of the group’s project aimed at enhancing customer-facing facilities. This includes the refurbishing of several branches at Omuthiya, Otjiwarongo, Khorixas, Rehoboth, Grootfontein and Oniipa.
“Opening a new branch has a multiplier effect for the community in that it ultimately generates employment, brings a variety of banking services to clients, improves service efficiency for customers as well as reduces unnecessary travelling costs. We strive to operate in a customer-driven environment, where it is all about meeting our customer’s financial needs,” Mungunda said.
The governor of the Ohangwena Region, Usko Nghaamwa, officially opened the Okongo branch.
Nghaamwa said he started banking with Standard Bank in 1962, when he saved 50c at the bank’s branch at Otavi.
The Okongo branch is manned by five staff members and headed by Frieda Itana. – Own report and Nampa
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