SME Bank opens Monte Cristo branch

March 12, 2015, 10:29am

SME Bank opens new branch in Monte Christo

The SME Bank has as part of their expansion and growth opened a branch in Monte Cristo, Katutura. The branch will offer all Bank services and there is an ATM machine at the barnch for their clients' convenience.

These services and products include:

  • Personal Savings Account
  • Personal Current Account
  • Business Savings Account
  • Business Current Account
  • Persona loan(s)
  • Micro loan(s)
  • EIF loan(s)
  • SME and Corporate loans
  • Money Market Products (Investments)


The SME Bank was founded by the Government of Namibia. This followed the dissolution of the Small Business Credit Guarantee Trust (SBCGT). It was then transformed into a fully-fledged Commercial Banking Institution.

The Bank has ATM facilities at Head Office, Monte Cristo, Eveline Street (Katutura) and Maerua Mall.

The Bank provides special attention to projects of Small and Medium Size Enterprises (SMEs), and those catering to Rural Communities, Micro Enterprises and Previously Disadvantaged Individuals (PDIs). As SME Bank has a full Commercial Banking License and it thus offers banking services to individuals and companies that are not necessarily SME’s, through Personal Banking (Retail), Corporate Banking, Treasury and Investment Management.