Staff Writer
Standard Bank Namibia has signed a strategic financial services agreement with the City of Windhoek, strengthening its partnership with the municipality and expanding access to financial support for employees.
The agreement gives City of Windhoek staff exclusive access to tailored financial products and services aimed at improving long-term financial wellbeing.
These include Financial Fitness Academy sessions to boost financial literacy, home loan solutions at preferential terms, vehicle and asset finance at competitive rates, and personal loan concessions with faster processing. The initiative draws on the bank’s Employee Value Banking, Corporate and Investment Banking and the Windhoek Branch teams.
Speaking at the signing ceremony, Josephine Theodore, acting head of HR at the City of Windhoek, said: “This agreement with Standard Bank is a direct reflection of our commitment to improving the lives of our employees. By providing access to personal loans and asset finance at reduced interest rates, we are taking the right step to ease financial burdens and improve quality of life of our employees. This is a smart partnership that will strengthen our relationship and enhance our ability to build a better Namibia. We look forward to the positive impact on our staff.”
The head of personal and private banking at Standard Bank Namibia, Karen van der Merwe, said the partnership shows the bank’s ability to provide solutions that support financial wellbeing.
“By combining financial literacy initiatives with preferential banking solutions, we are empowering City of Windhoek employees to achieve financial wellbeing and security. This is more than a transaction; it’s a commitment to building a stronger, more inclusive financial future for Namibia.”
Caption
Shekutaamba Nepembe, Standard Bank manager for employee value banking, with Karen van der Merwe, Standard Bank head for personal and private banking, and Josephine Theodore, acting head of HR at the City of Windhoek.
- Photo: Contributed
