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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

banking industry

6 Results / Page 1 of 1

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Business / Economics

Trustco Bank Completes Voluntary Shutdown

Trustco Bank has officially ceased operations, finalizing its voluntary closure process that began on 23 August 2024. Following extensive efforts to reimburse depositors, any unclaimed funds have been transferred to the Guardian Fund under the Master of the High Court, as directed by the Bank of Namibia. Trustco’s Deputy CEO, Quinton Van Rooyen Junior, confirmed the completion of the process.  

todayMarch 4, 2025 27

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Business / Economics

Nedbank Namibia Honors Long-Serving Employees

Nedbank Namibia celebrated its annual Long-Service Award Ceremony in Windhoek, recognizing employees with service milestones ranging from 5 to 35 years. Managing Director Martha Murorua praised the dedication and loyalty of employees, acknowledging their feedback in shaping improvements like the wellness facility and Staff Banking Department. The event highlighted the bank's culture of commitment and excellence, further supporting its Employee Recognition Programme.

todayDecember 17, 2024 20

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Local

Bank Windhoek scoops second place at ICAP’s Battle of the Banks Africa Competition

  On Saturday, 16 November 2024, Bank Windhoek secured second place at the Battle of the Banks competition hosted by ICAP Training Solutions South Africa. Bank Windhoek’s Managing Director, Baronice Hans, said this achievement underscores the exceptional talent within Bank Windhoek. “It highlights the value of investing in initiatives that build local expertise while strengthening our competitive edge in the banking sector. This achievement reflects more than just recognition for […]

todayNovember 20, 2024 8

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Local

Bank Windhoek maintains high customer satisfaction standards

    Bank Windhoek has again demonstrated its commitment to exceptional customer service by achieving outstanding results in an independent third party's annual Customer Satisfaction Survey exercise, which took place in July 2024. The survey revealed an overall satisfaction score and ease of doing business rating of 77%, while brand affinity reached an impressive 84%. In 2023, the Bank’s satisfaction survey rating was 76%. The survey results showed that Bank […]

todaySeptember 2, 2024 15

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Africa

Kenya has tightened its laws to stop money laundering: why banks are the focus

    By Constance Gikonyo, University of Nairobi   Kenya’s banking industry has in recent years been in the crosshairs of national, regional and international watchdogs, given the country’s role as a financial hub in eastern Africa. In 2023 Kenya enacted laws to curb money laundering and combat terrorism financing. While the laws have led to tougher sanctions on some banks, the risk of money laundering remains, and the country was […]

todayMarch 28, 2024 23