WINDHOEK
Standard Bank joins the rest of Africa in commemorating Africa Day celebrations on May 25, 2015. This year’s commemoration marks the 52nd anniversary of the African Union.
“We believe that Africa is definitely open for business and as financiers Standard Bank has an intrinsic understanding of what it means to do business on the continent, and in growing the important sectors like mining and minerals, oil, gas and renewables as well as power & infrastructure,” said Standard Bank Namibia’s Head of Corporate and Investment Banking Amit Mohan.
As part of an African and international bank Standard Bank is a leading African banking group focused on global and regional emerging markets. Standard Bank Namibia is a wholly owned subsidiary of the Standard Bank Group and locally it was the first commercial bank to open its doors in Lüderitz on the 19th of August 1915. Standard Bank Group currently operates in 20 African countries.
“Standard Bank has its deep roots in Africa. Standard Bank Namibia is therefore proud of our entire Group’s achievements in Africa. Standard Bank is the largest African bank by assets and earnings and has been existence as a group for the past 150 years and in Namibia for 100 years as the first commercial bank to open its doors in the country,” remarked Mohan.
Africa Day is celebrated annually across the mother continent to commemorate the 1963 establishment of the Organisation of Africa Unity (OAU), presently called the African Union (AU). The day is set to also continuously remind the African states to unite in order to collectively address the challenges facing the Continent. The AU comprises 53 member states.