Events and Social Responsability
Standard Bank has just introduced in the domestic market two innovative financial products, namely “FX option” and “Contract for Exchange”, with the aim to cover the risk of the exchange rate for importers and exporters who have investments in national or foreign currency, in addition to operators who hold different currency liabilities of its revenues.
The foundation stone for the construction of the new headquarters of Standard Bank was launched in Maputo last Thursday (November 8th).
Standard Bank, the only commercial bank with over a century in Mozambique, officially reopened its branch in Beira, city of the central Mozambican province of Sofala, on November 9th, 2012.The extensive effort to rehabilitate the agency is estimated at one million U.S. dollars and lasted 10 months.
On Tuesday (October 9th) the “Standard Bank Economic Journalism Prize” was launched. It seeks to promote and encourage a better journalistic quality in processing news of economic nature.
Standard Bank signed on Monday (October 8th 2012) a Memorandum of Understanding (MoU) with the Housing Development Fund in order to facilitate financing for the purchase of houses, as part of the project to build 5.000 houses in Intaka neighbourhood, in Matola municipality.
As part of the “Batuque” or Drum Festival of the Maputo Municipal Council,which aims to exalt culture as a differentiating factor of people, Standard Bank – patron of the celebrations of the 125th anniversary of the Mozambican capital city – promoted, from the 23rd to the 25th August, the citizenship campaign in the Guachene neighbourhood in the municipal district of KaTembe.
The third edition of the Standard Bank Tournament, a sports event held as part of the celebrations for the 118 years of the establishment of Standard Bank in Mozambique, ended on Saturday, August 25th.
Teve lugar, sábado último, na cidade de Maputo, a abertura da terceira edição do torneio Standard Bank, um evento desportivo que acontece em simultâneo nas cidades de Quelimane, Beira, Chimoio, Tete e Nampula.
The training of athletes and delegation members of the Para-Olympic Committee that will represent Mozambique at the Paralympics in London scheduled for 29 August, started in Maputo on July 24.
The first teachers training course in chess took place between July 3th and 5th, as part of the project that aims to massify the practice of this sport in the country, having trained 150 primary school teachers from different schools within the city and province of Maputo.