20 Oct 2015 12:40pm
ONGWEDIVA, 20 OCT (NAMPA) Standard Bank Namibia has remained a valuable development partner with the government over the 100 years of its existence, Oshana Regional Governor, Clemens Kashuupulwa says.
Delivering a speech during Standard Bank Namibias centenary gala dinner here on Friday, Kashuupulwa said the bank has contributed positively to the countrys economic, social and cultural growth by investing in worthwhile projects in the northern regions of Oshana, Ohangwena, Omusati and Oshikoto.
One major highlight of this development that I would like to highlight is the N.dollars 2 million investment that Standard Bank Namibia made in constructing the Ongwediva Trade Fair gate.
Kashuupulwa said the bank has also taken up the challenge of assisting Namibian people under the Shack Dwellers Federation of Namibia (SDFN) in building affordable and proper houses.
According to him, Standard Bank recently pledged N.dollars 500 000 start-up capital that will go a long way in providing proper dwellings for poor communities in the country.
The bank's regional manager for northern Namibia, Ismael Hakaye told Nampa in an interview on Monday that the half-a-million dollar pledge is made to members of the SDFN for their housing project.
The pledge was made on 12 October 2015 in Windhoek during the launch of the Standard Bank Namibia-initiated 'Buy a Brick' project.
Through the Buy a Brick project, members of the public are urged to buy an eraser with N.dollars 5 as contribution towards the project.
An eraser is regarded as a brick token and it symbolises the erasure of poverty in the country, Hakaye charged, adding that the erasers are on sale at all Standard Bank Namibia branches countrywide and members of the public are urged to buy so that they contribute to Namibias problem of housing backlog.
He indicated that an account, where the N.dollars 5 contributions will be saved, was opened with Standard Bank Namibia at the launch of the project.
Customers from all over the four northern regions of Namibia and elsewhere in the country gathered at the community centre to commemorate the banks 100 years anniversary.
Kashuupulwa and Standard Bank Namibias Chief Executive Officer, Vetumbuavi Mungunda jointly handed over certificates of recognition to customers who have been banking their money with the bank for a period of between 40 to 65 years.
These customers include Mauno Aindongo (businessperson); Frans Aupa Indongo (businessperson); Paulus Shipo (retired civil servant); Victor Kanalelo (retired banker); Oswald Shivute (journalist); Melkisedek Nkandi; Titus Hasheela; and Tobias Kashanu.