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Standard Bank and M-Pesa - the largest mobile financial service that allows customers to pay via mobile money – had signed this Wednesday, August 24th, in Maputo a memorandum of understanding, aiming to allow money transfer between both institutions’ clients.
Standard Bank has signed, in Maputo, on 10th August, an agreement with Hidroelectrica de Cahora Bassa (HCB), formalizing a partnership that aims to develop a Funding Portal, under the HCB Local Content Program.
Standard Bank Mozambique was recently acknowledged in the World's Best Securities Services Providers 2016 awards, by the prestigious magazine Global Finance. The award confirms Standard Bank as being the Best Sub-custodian Bank in Mozambique.