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Standard Bank offered, on December 13th, various hospital supplies to nurseries and paediatric wards of the Jose Macamo General Hospital in Maputo and of the Provincial Hospital in Tete, in an initiative called “Christmas at Hospital”, integrated in the bank’s social involvement actions, aimed at celebrating the Family Day with the children admitted to the various health facilities in the country.
Standard Bank extended a USD32 million loan to co-finance the construction of Nacala International Airport, in the province of Nampula. The airport was inaugurated on Saturday, 13th December, by the President of the Republic of Mozambique, Armando Emílio Guebuza.
During SIBOS 2014, the main world event in the financial industry, held in Boston in the USA, Standard Bank won the award for the best sub-custodian bank in Mozambique. Sub-custody covers both the custody and management of securities.