The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Namibia

BEST BANK
Standard Bank of Namibia

If Sara Kuugongelwa-Amadhila had her way, it seems, there would be no award for a best bank in Namibia this year. In her budget speech in May, Namibia's finance minister launched a broadside against the country's banks, saying that their high charges were having a "crippling effect... especially [on] small and medium enterprises."

Be that as it may, Standard Bank of Namibia continues to lead the way, having posted an increase in headline earnings of 10.4% and in earnings per share of 8.9% in 2004. It has also continued to build on its product suite, introducing the South African bancassurance model into its retail operation, offering simple embedded products through its relationship with Liberty Active (previously called Charter Life).

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree